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Wireless

Drei Austria comments on 5G auction weaknesses, secures 100 MHz for EUR 51.9 mln

Friday 8 March 2019 | 10:33 CET | News
Hutchison Drei Austria secured the first 5G frequencies in the 3.4-3.8 GHz band in the recent auction. It acquired ten blocks, totalling 100 MHz, for EUR 51.9 million. However, the operator commented that the auction ended with an unnecessarily expensive result, caused by weakness in the auction design. Drei now faces new regional competitors.

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Categories: Mobile & Wireless
Companies: Hutchison Drei Austria
Countries: Austria
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