Verizon's investment in 5G spectrum purchased at auction reached at least **** billion U.S. dollars, following the purchase of licenses for billion U.S. dollars at auction in 2021. Verizon Wireless purchased their licenses through Cellco Partnership and Verizon Wireless Network Procurement LP.
T-Mobile License LLC were the only entity to openly purchase licenses at each auction.
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Federal Communications Commission. (January 14, 2022). Value of 5G spectrum purchases made by AT&T, Verizon, and T-Mobile in the United States from 2018 to 2022 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/
Federal Communications Commission. "Value of 5G spectrum purchases made by AT&T, Verizon, and T-Mobile in the United States from 2018 to 2022 (in million U.S. dollars)." Chart. January 14, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/
Federal Communications Commission. (2022). Value of 5G spectrum purchases made by AT&T, Verizon, and T-Mobile in the United States from 2018 to 2022 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/
Federal Communications Commission. "Value of 5g Spectrum Purchases Made by At&t, Verizon, and T-mobile in The United States from 2018 to 2022 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Jan 2022, /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/
Federal Communications Commission, Value of 5G spectrum purchases made by AT&T, Verizon, and T-Mobile in the United States from 2018 to 2022 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/ (last visited July 25, 2026)
Value of 5G spectrum purchases made by AT&T, Verizon, and T-Mobile in the United States from 2018 to 2022 (in million U.S. dollars) [Graph], Federal Communications Commission, January 14, 2022. [Online]. Available: /statistics/1214217/att-tmobile-verizon-5g-spectrum-purchase/
