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Italian 5G tender hits EUR 5 bln, double reserve price
2018-09-26 08:35:00| Telecompaper Headlines
(Telecompaper) Italy's Ministry of Economic Development (MISE) announced that the national 5G spectrum tender has so far raised EUR 5.1 billion after 9 competitive days of bidding. The five companies vying for spectrum in the in 694-790 MHz, 26.5-27.5 GHz and 3.6-3.8 GHz bands Telecom Italia (TIM), Wind Tre, Vodafone, Fastweb and Iliad have so far bid more than double the reserve price of EUR 2.5 billion and over EUR 1 billion more than the EUR 3.95 billion raised in the 4G multi-band auction held back in 2011. Competition is particularly fierce for the 4 blocks made available in the 3.7GHz range, which have brought offers totalling EUR 2.9 billion, with the 26GHz spectrum attracting bids of EUR 164 million.
Apple pays EUR 13 bln to Ireland in unfair state aid case
2018-09-19 09:14:00| Telecompaper Headlines
(Telecompaper) Apple has fully paid back the EUR 13 billion in unfair state aid it was ordered by the European Commission to give back to Ireland . Minister for Finance Paschal Donohoe said the company paid the bill in tranches over the course of the second and third quarters. The first tranche was paid in May. The full amount was for EUR 13.1 billion, plus interest of EUR 1.2 billion.
Five operators bid initial EUR 2.48 billion in Italian 5G auction
2018-09-11 08:32:00| Telecompaper Headlines
(Telecompaper) Five telecommunications operators have made preliminary bids totalling EUR 2.48 billion in the first round of Italy's national 5G spectrum auction, according to a statement from the Ministry of Economic Development (MISE). Telecom Italia (TIM), Fastweb, Vodafone Italia, Wind Tre and Iliad submitted bids for licences in the 694-790 MHz, 3.6-3.8 GHz and 26.5-27.5 GHz bands and will be allowed to increase their offers on 13 September. Under the tender's rules, new entrant Iliad had a special right acquire up to three blocks of 2x5 MHz in the 700 MHz band of the six available, for which it bid EUR 676.5 million, said the ministry.
Dutch broadband lines lift 0.3%, revenues reach EUR 497 mln in Q2
2018-09-05 10:31:00| Telecompaper Headlines
(Telecompaper) The number of fixed internet connections in the Netherlands hit 7.46 million at the end of June, up 0.3 percent from the previous quarter, according to the latest report on the broadband market from Telecompaper. The number of cable and fibre-optic connections increased enough to compensate for the ongoing decline at DSL (copper). Revenues from broadband services advanced by 0.7 percent to EUR 497 million.
Nokia signs EUR 500 mln loan with EIB to support 5G development
2018-08-27 12:05:00| Telecompaper Headlines
(Telecompaper) Nokia has signed a deal with the European Investment Bank for a EUR 500 million loan to support its investment in 5G R&D. The money comes from the European Fund for Strategic Investments, also known as the Juncker Plan, to provide financing for key infrastructure and development in the EU.
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