Tag: auction raises
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US spectrum auction raises $3.5 billion, will fund replacing Chinese telecom equipment
June 23 : The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to fund the replacement of Chinese telecom equipment.The FCC said up to $3.3 billion of the auction’s proceeds will be used to cover funds bor
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