The telecommunications industry will not receive "carte blanche" to auction off lower portions of the mid-band electromagnetic spectrum that are critical to U.S. military air and missile defense capabilities, the Defense and Commerce departments have determined in a long-anticipated report, according to a lawmaker briefed on not-yet-public findings. Sen. Mike Rounds (R-SD), who has raised concerns all year about the risk of repurposing 3.1–3.45 GHz for telecommunications companies to develop the 5G commercial market, disclosed a key finding of what...