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Wireless

Italian 5G tender comes to a close with EUR 6.55 bln raised

Wednesday 3 October 2018 | 08:42 CET | News
Italy's Ministry of Economic Development announced the completion of the national 5G spectrum tender, with the total amount raised after 14 days of competitive bidding coming to EUR 6.55 billion, more than EUR 4 billion over the minimum reserve price of EUR 2.5 billion. The five companies vying for spectrum in the in 694-790MHz, 26.5-27.5GHz and 3.6-3.8GHz bands – Telecom Italia (TIM), Wind Tre, Vodafone, Fastweb and Iliad – ended up offering some 164 percent more than the value of the initial bids made on 11 September, due above all to the demand for spectrum in the 3.7 GHz band, available

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Categories: Mobile & Wireless
Companies: Fastweb / Iliad / Telecom Italia / TIM / Tiscali / Vodafone Italia / Wind Tre
Countries: Italy
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