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Wireless

Italian 5G tender tops EUR 2.8 bln, TIM bids EUR 680 mln

Friday 14 September 2018 | 08:55 CET | News
Italy has attracted bids totalling EUR 2.8 billion in the first competitive day of bidding for 5G spectrum licences in the 700MHz band, up from the EUR 2.5 billion raised in the opening round, according to a statement from the Ministry of Economic Development (MISE). Telecom Italia (TIM) and Vodafone Italia bid a total of EUR 1.36 billion for 4 blocks of 5+5 MHz each on the 700 MHz band (10 MHz in upload and 10 MHz in download) which will be available from 2022 and valid until 2037, said MISE.

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