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German spectrum auction yield passes EUR 3 billion

2015-06-11 09:32:00| Telecompaper Headlines

(Telecompaper) The German multi spectrum auction has past EUR 3 billion in bids on 11 June of this year during 106th round of bidding, according information posted to the website of German network regulator BNA after each round. At the end of day nine of the auction with a total of 109 rounds of bidding the yield reaches EUR 3.079 billion. Telekom Deutschland has bid EUR 1.154 billion, Vodafone Germany has made bids with a value of EUR 1.089 billion and Telefonica Germany has bid EUR 836 million. Bidding for 1800 MHz spectrum and 1500 MHz spectrum has been continuous while bidding for 700 MHz spectrum stopped after the first round with all operators bidding for 2 blocks of 2x5 MHz. 

Tags: eur german auction billion

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