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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. [ more ]

Tags: eur million auction spectrum

Category:Telecommunications

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