Turkey 4G auction raises EUR 3.4 billion

Wednesday 26 August 2015 | 17:56 CET | News
The 4G auction in Turkey has raised a total of almost EUR 3.4 billion, compared to reserve prices of in total EUR 2.3 billion. Turkcell will pay the most, a total of EUR 1.62 billion, Avea EUR 955 million and Vodafone Turkey 778 million, according to local paper Hurriyet. The one-day, oral auction run by the Information and Communication Technologies Agency offered 20 lots of frequencies in the 800, 900, 1,800, 2,100 and 2,600 MHz bands. The operators will be required to launch 4G services by next April. The spectrum awards remain subject to final approval by the regulator. 

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Categories: Mobile & Wireless
Companies: Avea / Turkcell / Vodafone Turkey
Countries: Turkey
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