FCC Lays Down Rules for 5G Spectrum Auction
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The Federal Communications Commission last Thursday announced the rules for bidding on the 5G spectrum. The bidding will start with the 28 GHz band on November 14, with the 24 GHz to follow shortly after.
The high-band spectrum is expected to significantly reduce delivery times to less than one-thousandth of a second from one one-hundredth of a second in 4G networks. It was revealed that service providers have already spent billions in testing, development, and buying of the spectrum.
Source: Reuters