The German telecoms regulator, Bundesnetzagentur, announced the end of its spectrum auction on May 20 with the total income falling short of expectations.
The amount raised by the German government is a little less than E4.4bn with Vodafone leading the…
The German telecoms regulator, Bundesnetzagentur, announced the end of its spectrum auction on May 20 with the total income falling short of expectations.
The amount raised by the German government is a little less than E4.4bn with Vodafone leading the spending.
The UK-based operator acquired 12 blocks of frequency for E1.42bn, Telefonica paid E1.38bn for 11 blocks, Deutsche Telekom picked up 10 blocks for E1.3bn and KPN’s E-Plus secured 8 blocks for E283m.
The auction had been expected to raise at least E6bn with some analysts predicting up to E8bn but certain frequencies sold for cheaper than anticipated.
While Vodafone, Deutsche Telekom and Telefonica paid a combined E3.6bn for 2 blocks of 800MHz spectrum each, bids were very conservative in the 2.6GHz and 2.0GHz bands.
KPN’s E-Plus subsidiary failed to pick up any 800MHz spectrum, leaving the other three operators with the infrastructure to create next generation networks and battle for data revenues.
