C/NET Has the details.
On Wednesday, the agency voted 3-2 to auction spectrum in the 2.5GHz band. This sliver of airwaves, known as the Educational Broadband Service, had been set aside for educational purposes during the 1960s. License holders had to be either educational institutions or nonprofits supporting education. These entities, which have gotten access to the spectrum for free, can lease the spectrum to wireless carriers. Sprint uses leased spectrum in the 2.5GHz band for its existing 4G network and these leases are a key reason why T-Mobile proposed spending $26 billion to buy the company, so it could use this so-called midband spectrum to build a 5G service.
The FCC voted to change the rules for the spectrum and is planning to auction unused or underused spectrum in the band directly to wireless carriers. FCC Chairman Ajit Pai called the vote “a major step toward freeing up critical midband spectrum for 5G.”
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This spectrum will work better in rural applications, with more reach at reasonable speeds.