Top 10 Spectrum Auctions 2026: Prices, Operators, MHz and 5G Investment

Global telecom operators are spending billions of dollars on spectrum in 2026 as regulators release frequencies for 5G capacity, rural coverage, fixed wireless access and future network expansion. Top spectrum auctions in 2026 The U.S. AWS-3 auction alone raised $3.57 billion, while Pakistan sold 480 MHz for about $510 million.