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Luxembourg's 5G spectrum auction raises EUR 41.3 million

2020-07-23 08:14:00| Telecompaper Headlines

(Telecompaper) Luxembourg's ministry for communications and media announced that four bidders have successfully secured 5G spectrum in the auction that took place in mid-July for 700 MHz and 3,600 MHz frequencies. Overall, the licence holders will pay EUR 41.3 million for their fifteen-year licences. In the 3,600 MHz band, the country's three mobile network operators were awarded most of the spectrum, with Post and Orange securing 110 MHz each and Proximus Luxembourg acquiring 100 MHz.

Tags: eur million auction spectrum

Category:Telecommunications

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