Verizon, Dish and Cable Are Winners in 5G U.S. Airwaves Sale (2)

Verizon Communications Inc. and Dish Network Corp. were the top winners in a U.S. auction of airwaves that also saw cable providers take home rights to use the frequencies that are useful for fast 5G service, the Federal Communications Commission said.

The agency in an emailed statement released results of the auction that raised $4.6 billion in bidding that concluded Aug. 25.

Cable providers Charter Communications Inc. and Comcast Corp. were the third- and fourth-largest winners, ranked by spending, the FCC said.

Another FCC airwaves sale set to begin in December will offer even more 5G airwaves. The auctions are ...