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What is C-Band 5G — and why is Verizon charging more for it?

Verizon has come out the victor in a recent FCC spectrum auction, plunking down a cool $52.9 billion to secure new wireless spectrum that will boost Verizon 5G nationwide – provided customers pay more.

According to a recent announcement from Verizon, the company gained new spectrum holdings in a recent FCC auction, and has big plans for improving its 5G network. In a related live stream presentation to investors, the company also revealed plans to use the new capabilities to offer more premium plans to customers in the United States.

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