$ASTS / $SPCX: "On July 22, 2026, the FCC adopted the auction rules for 160MHz of upper C-band at 3.98 to 4.14GHz, with the auction to follow by July 2027.
TD Cowen puts the take at $30 billion to $75 billion.
Joined to the lower C-band the carriers already hold, it forms a 440MHz stretch from 3.7 to 4.14GHz, the most valuable midband spectrum left in the country.
Every national carrier will be in the room."