Telefonica wins additional 900 MHz spectrum for EUR 169 mln

News Wireless Spain 14 NOV 2011
Telefonica wins additional 900 MHz spectrum for EUR 169 mln
Telefonica has won a block of 4.8 MHz in the 900 MHz frequency band in the second stage of the spectrum tender held by the Spanish Ministry of Industry. The cost of the spectrum block amounts to EUR 169 million and the payment will be distributed in two tranches. Telefonica will pay half the amount immediately and the remaining half by June 2012. The concession expires on 31 December 2030.

Categories:

Mobile

Companies:

Telefonica- Movistar

Countries:

Spain

Tags:

Government telecommunications licensing

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