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AT&T, Verizon, and other bidders have spent a record $80.9B during the 5G spectrum auction, expected to lead to a wave of borrowing for the indebted sector (Wall Street Journal)

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Wall Street Journal:

AT&T, Verizon, and other bidders have spent a record $80.9B during the 5G spectrum auction, expected to lead to a wave of borrowing for the indebted sector  —  AT&T, Verizon expected to turn to bond markets and banks to finance bids in record-setting FCC airwaves auction



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