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Wireless

Italian 5G tender hits EUR 5 bln, double reserve price

Wednesday 26 September 2018 | 08:35 CET | News
Italy's Ministry of Economic Development (MISE) announced that the national 5G spectrum tender has so far raised EUR 5.1 billion after 9 competitive days of bidding. The five companies vying for spectrum in the in 694-790 MHz, 26.5-27.5 GHz and 3.6-3.8 GHz bands – Telecom Italia (TIM), Wind Tre, Vodafone, Fastweb and Iliad – have so far bid more than double the minimum reserve price of EUR 2.5 billion and over EUR 1 billion more than the EUR 3.95 billion raised in the 4G multi-band auction held back in 2011. Competition is particularly fierce for the 4 blocks made available in the 3.7GHz

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