Telecom Services & Communications Infrastructure 06.19.2026

Research evidence excerpt

Telecom Services & Communications Infrastructure 06.19.2026

RBC Capital Markets, LLC

Jonathan Atkin (Analyst)

(415) 633-8589,

jonathan.atkin@rbccm.com

Rashim Jain (AVP)

(415) 633-8561,

rashim.jain@rbccm.com

Adam Davis (Associate)

June 19, 2026 (646) 618-6852,

adam.davis@rbccm.com

RBC Dominion Securities Inc. Telecom Services & Communications Infrastructure

Kirill Kozyar (AVP)RESEARCH (416) 842-4730, 06.19.2026 kirill.kozyar@rbccm.com

Weekly news roundup

FCC's AWS-3 spectrum auction surpasses $3.1B after 11 days. The Federal Communications

Commission's AWS-3 spectrum auction reached more than $3.1B in aggregate bids after 11 days of

bidding, surpassing the $2.9B threshold that would have required EchoStar to pay a penalty under

an agreement reached with the regulator before the auction started June 2. The auction offers 200EQUITY licenses in AWS-3 bands 1695-1710MHz, 1755-1780MHz, and 2155-2180MHz that can boost 5G in

targeted geographic areas, with most licenses originally acquired by two smaller Dish Network (now

EchoStar) affiliates at auction in 2014 before receiving $3.3B in small bidder discounts the FCC later

deemed ineligible. The auction completed 48 rounds in 11 days with 17 qualified bidders including AT&T,

EchoStar, T-Mobile, and Verizon. (Light Reading)

Spectrum expands fiber broadband to 12,900 Ohio locations. Spectrum announced fiber broadband

network expansions bringing Spectrum Internet, Mobile, TV, and Voice services to more than 12,900

additional homes and businesses across previously unserved or underserved areas in six Ohio counties:

Brown County (3,800 locations), Champaign County (670 locations), Preble County (2,700 locations),

Gallia County (3,000 locations), Adams County (1,800 locations), and Montgomery County (930

locations).