And the spectrum winners are…

Verizon and AT&T walked away with large winnings at the FCC’s wireless spectrum auction. In total Verizon spent $9.63 billion (including its winning $4.74 billion bid for the highly-contested C-block), and AT&T spent $6.64 billion.

For an added perspective, the sum of Verizon’s total bids topped the gross domestic products of Nepal, Georgia, Equatorial Guinea, Paraguay, Mozambique, and about 60 other countries on the CIA World Factbook list.

(The FCC provides PDFs of the results announcement and the results table.)

Link: Verizon and AT&T dominate airwaves auction

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