FCC Reveals Verizon, T-Mobile Among AWS-3 Auction Big Winners

FCC concludes AWS-3 spectrum, raises $3.5bn

Will be used to fund "rip and replace" of Chinese telecoms kit

Verizon (NYSE:VZ) spectrum outlay grabs focus after Dow drop

Verizon surged 2.6% last week to $46.54 as investors digested its $3.16 billion spend on 82 AWS-3 spectrum licenses—about 1.6% of its market value and equal to a quarter’s dividend payout—while heavy trading followed news that Alphabet will replace Verizon in the Dow before Monday’s open.

FCC reveals Verizon, T-Mobile among AWS-3 auction big winners

The US Federal Communications Commission (FCC) released results from its AWS-3 spectrum sale, Auction 113, which showed Verizon as the dominant buyer by spend, with T-Mobile US and AT&T also picking up sizeable allocations while EchoStar and SpaceX took home only a handful of licences each. Verizon, bidding through subsidiary Cellco Partnership, secured 82 licences for $3.2 billion, by far the largest outlay of the auction. T-Mobile won 102 lice…

SpaceX, AT&T, T-Mobile, Verizon, EchoStar all win AWS-3 spectrum

The Big Three, EchoStar and SpaceX were all winners in the AWS-3 spectrum auction. SpaceX could use it to set up a trial network in Cincinnati and set the stage for a bigger move into terrestrial wireless, says analyst Roger Entner.

Verizon Accounts for 88 Percent of AWS-3 Auction Spending

WASHINGTON, June 26, 2026 – Verizon was by far the biggest spender in the government’s re-auction of AWS-3 wireless licenses, putting up $3.16 billion for 82 licenses.The total auction proceeds were $3.57 billion, meaning Verizon accounted for 88.5 percent of the money spent. The Federal Communications Commission posted a list of winners on Friday. Learn about America250 / Telecom150 Learn about America250 / Telecom150