5G cellphone tower in Saxony-Anhalt, Germany. Photo: Hendrik Schmidt/picture alliance via Getty Images

A bipartisan group of House lawmakers dropped a bill Thursday directing the FCC to hold a public auction of coveted midband airwaves.

The big picture: The FCC is contemplating allowing a group of satellite companies to privately sell the airwaves to wireless companies for 5G service, amid opposition from cable companies and a now-bipartisan set of lawmakers.

Why it matters: The plan for the auction will affect how quickly 5G will be deployed and how much — if any — of the proceeds go to the government.

Details: The Clearing Broad Airwaves for New Deployment (C-BAND) Act is led by House Energy & Commerce communications subcommittee Chairman Mike Doyle, Democratic Rep. Doris Matsui and Republican Reps. Bill Johnson and Greg Gianforte.

  • It would require the FCC to conduct a public auction and protect current users of the spectrum throughout the process, with auction proceeds going to the government.
  • The auction would have to make available between 200 and 300 megahertz of spectrum by 2022.

What’s next: FCC Chairman Ajit Pai, who intends to decide by this fall how to proceed, has said his priorities are speed, generating revenue for the government, making a significant amount of spectrum available for 5G, and ensuring that current users are protected.

  • The House Energy & Commerce communications subcommittee will hold a hearing Tuesday to discuss C-band issues.

Go deeper

4 mins ago - Politics & Policy

Scoop: Republican super PAC raised $92 million in September

Senate Majority Leader Mitch McConnell. Photo: The Washington Post/Getty Images

The Senate Leadership Fund, a super PAC associated with Senate Majority Leader Mitch McConnell, raised more than twice as much this September as it did two years ago, according to a FEC filing that will go live Tuesday night.

By the numbers: The SLF raised $92 million in September, spent $105 million, and ended the month with $113 million cash on hand, as Republicans work to maintain their majority on Nov. 3.

Erica Pandey, author of @Work
4 mins ago - Economy & Business

The evolution of HR

Illustration: Aïda Amer/Axios

Before the onset of the coronavirus pandemic, human resources jobs were on the automation chopping block. Now they're essential.

The big picture: HR departments across the world have pulled off the incredible feat of turning companies from in-person to remote overnight, and as the pandemic continues to determine the future of work, HR has been elevated from a back-office function to a C-suite conversation.

13 mins ago - Technology

Netflix stock sinks after Q3 subscriber miss

Illustration:Rebecca Zisser/Axios

Netflix's stock was down more than 5% in after-hours trading Tuesday after the tech giant reported that it missed expectations on global subscriber growth for the quarter.

Why it matters: Netflix experienced explosive growth during the first half of the year. It wasn't expected to match that growth this quarter, when lockdowns lifted and after new competitive services had launched, but analysts were still expecting it to meet expectations of at least 3.3 million net new global subscribers.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!