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German 5G auction passes EUR 3 bln in bids, Deutsche Telekom leads spending

Friday 5 April 2019 | 08:59 CET | News

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The German Federal Network Agency said that EUR 3.2 billion was offered by the four bidders in the 133rd round of the 5G spectrum auction. Deutsche Telekom accounts for nearly half that amount, at EUR 1.44 billion for 14 lots in total, and Vodafone Germany has made EUR 656 million in top bids for ten lots, mainly in the 3.6 GHz band. Telefonica Germany has bid the least, at EUR 397 million in total for only the 3.6 GHz band, while newcomer 1&1 Drillisch is in second place with EUR 688 million in bids, including two lots of 2 GHz spectrum and six blocks in the 3.6 GHz range. 

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Categories: Mobile & Wireless
Companies: 1&1 / Deutsche Telekom / Telefonica Deutschland / Vodafone Germany
Countries: Germany
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