
German spectrum bids top EUR 2 bln

The Federal Network Agency announced that Telekom Deutschland, Vodafone Germany and Telefonica Deutschland's bids have surpassed EUR 2 billion in the current spectrum auction. At the beginning of the auction on 27 May the bids were at EUR 1.28 billion. At the last frequency auction five years ago, Telekom, Vodafone, E-Plus and Telefonica bid in total EUR 4.4 billion.
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