By news@appleinsider.com (Mike Peterson) Bids in the Federal Communication Commission’s sale of mid-range spectrum have hit a record $66.4 billion, suggesting fierce competition to buy licenses as telecom firms build out their 5G networks.Credit: FCCSpecifically, the FCC is auctioning off wireless licenses for spectrum between 3.7 and 4 gigahertz. That’s a range well-suited for building out 5G networks that can be used by existing smartphones like the …

Source:: Apple Insider