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Belgium raises EUR 360 mln in 800 MHz auction

2013-11-12 18:32:00| Telecompaper Headlines

(Telecompaper) The Belgian auction of frequencies in the 800 MHz band has finished, raising a total EUR 360 million, the telecom regulator BIPT announced. The auction lasted just one day, with each of the three network operators - Base, Proximus and Mobistar - acquiring a lot of 2x10MHz for the reserve price of EUR 120 million. The licences are valid for 20 years and will be used by the operators to expand LTE services. The frequencies won by Mobistar have an additional coverage obligation. Within three years of receiving the licence it must cover at least 98 percent of the population in municipalities where 3G coverage is currently not sufficient. In Belgium, Proximus was the first to launch LTE services earlier this year, followed by Base last month. Mobistar is expected to launch before the end of this year.

Tags: eur auction belgium mhz

Category:Telecommunications

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