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Mobile, media giants submit record bids as 5G spectrum auction tops $78 billion

Jan 8, 2021
Mid-band frequencies are often described as the Goldilocks range of the spectrum, where 5G signals fly fast and far.
Most media and wireless behemoths — including Verizon, T-Mobile, AT&T, Dish Network and Comcast — are betting on 5G to deliver next-generation phones, apps, entertainment and driverless vehicles.
Mario Tama/Getty Images

Mobile, media industries see optimistic signs for 5G wireless future

Jan 7, 2021
The airwaves on the auction block include frequencies in what's called the mid-band range, allowing 5G signals to travel fast and far.
Theo Wargo/Getty Images for Verizon

Nobel laureate Robert Wilson says auctions pervade our everyday life

Oct 13, 2020
Many products are now sold using "package auctions" for a more efficient allocation of goods.
It's not just art sales. Auctions are instrumental in advertising sales, electricity prices, property purchases and more.
Spencer Platt/Getty Images

U.S. economists win Nobel Prize for auction theory work

The winning economists designed auctions that allow for multiple bids over a period of time.
U.S. economists Paul Milgrom and Robert Wilson won the Nobel Prize in economics work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.
Anders Wiklund/TT News Agency/AFP via Getty Images

How Huawei became a smartphone titan (in addition to telecom gear)

Jul 2, 2019
The tech giant sells three times more phones than Apple in China. It has developed into a smartphone superpower in the last five years.
Visitors try out the Honor 7 smartphone at the Huawei stand during a trade fair in 2015 in Berlin.
Sean Gallup/Getty Images

Some lawmakers want a Huawei-type crackdown on Chinese rail cars

Jun 3, 2019
Critics say this isn't so much about security as it is about eliminating prospective competition.
Visitors check out a model of an Inter-City "EMU" train made by Chinese rail giant CRRC is on display at Innotrans, the railway industrys largest trade fair, in Berlin on September 19, 2018.
JOHN MACDOUGALL/AFP/Getty Images

Judge rules Qualcomm violated antitrust law in chip market

May 22, 2019
A federal judge has ruled that Qualcomm unlawfully squeezed out rivals in the cellphone chip market and charged excessive royalties to cellphone manufacturers such as Apple.
Attendees wait in line for a 5G exhibition at the Qualcomm booth during CES 2019 consumer electronics show, on January 10, 2019 at the Las Vegas Convention Center in Las Vegas, Nevada.
ROBYN BECK/AFP/Getty Images

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T-Mobile-Sprint merger depends on promise to bring 5G to rural America

May 21, 2019
But it will require big spending on new tech in areas with small customer bases.
Picture shows a 5G antenna at Deutsche Telekom stand on the first day of the Mobile World Congress (MWC) on February 26, 2018 in Barcelona.
PAU BARRENA/AFP/Getty Images

5 things to know about electronics giant Huawei

Dec 6, 2018
The U.S.-China trade relationship is getting even more tense.
A Huawei representative prepares a Huawei smartphone for display during the 2018 International Consumer Eleectronics Show at the Las Vegas Convention Center.
David Becker/Getty Images

The U.S. strikes a deal with Chinese electronics giant ZTE

Jun 7, 2018
But ZTE will be hit with a $1 billion penalty.
Joe Raedle/Getty Images