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Verizon bids billions for wireless spectrum

Verizon bids billions for wireless spectrum

RCR Wireless News is following the ongoing FCC wireless spectrum auction where Verizon Wireless has just entered a $3.5 billion bid for 20 megahertz of spectrum covering the entire United States. After T-Mobile led in the first rounds of bidding last week, Verizon is now at the top of the pack. Other big bidders include Metro PCS and Cricket.