Companies pushing controversial 5G spectrum auction offer to give at least 30% of proceeds to U.S. Treasury

Victor Reklaitis
Companies pushing controversial 5G spectrum auction offer to give at least 30% of proceeds to U.S. Treasury

The satellite companies behind a controversial plan for auctioning off key radio spectrum made a fresh push on Friday to win over sceptics, offering to pay at least 30% of the proposed auction’s net proceeds into the U.S. Treasury.