Verizon welcomes FCC action on new spectrum initiatives

WASHINGTON, D.C. – The Federal Communications Commission today approved several measures related to the upcoming C-Band auction, an effort that will help fuel and foster the buildout of the nation’s 5G networks. The items approved today will help make critical C-Band spectrum available – an important and necessary step as the U.S. strives to remain a global leader in next-generation wireless networks, products and services. The following may be attributed to Hans Vestberg, Verizon Chairman and Chief Executive Officer:

“Today marks another huge step forward as the U.S. aims to keep its global lead in the deployment of next-generation 5G networks. The FCC clearly understands the need to move swiftly to ensure that critical wireless spectrum is quickly made available so that we can build the networks of the future. 5G services fueled by mid-band spectrum will enable new innovations, vast economic opportunities and game-changing products and technologies for all American consumers and businesses. Verizon fully supports the FCC’s actions. We congratulate Chairman Pai and the FCC on this impressive accomplishment.”