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Wireless

Orange, Yoigo bid for mobile spectrum in Spain

Tuesday 24 May 2011 | 07:02 CET | News
Spanish mobile operators Orange and Yoigo have placed their bids to secure more mobile spectrum in an auction held by the Spanish government. According to Spain's Ministry of Industry, Orange has pledged EUR 433 million investment in Spanish telecoms infrastructure over three years in return for a block of 900 MHz bandwidth. The government set a EUR 126 million minimum price on a key frequency for mobile reception. The block also carries a licence fee of EUR 126 million, Reuters reports. Yoigo was the single bidder for 1800 MHz. Yoigo pledged EUR 300 million investment over a three-year

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Categories: Mobile & Wireless
Companies: Orange / Yoigo
Countries: Spain
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