The Turkish government aims to raise at least €2.23bn (US$2.38bn) from its upcoming LTE auction.
The Information and Communication Technologies Authority (ICTA), set out the reserve prices for spectrum in the 800 MHz, 900 MHz, 1800 MHz, 2.1 GHz and…
The Turkish government aims to raise at least €2.23bn (US$2.38bn) from its upcoming LTE auction.
The Information and Communication Technologies Authority (ICTA), set out the reserve prices for spectrum in the 800 MHz, 900 MHz, 1800 MHz, 2.1 GHz and 2.6 GHz band in a notice in the Official Gazette.
Blocks of 2×10 MHz in the 800 MHz band command the highest prices at €372.93m each, while a 1×5 MHz block in the 2.6 GHz band is the cheapest at €6.46m.
Earlier this month, transport and communications minister Lufti Elvan announced that an LTE auction would be held in May and that mobile operators would be able to launch services using their newly-acquired spectrum by the end of the year.
The auction will also pave the way for a potential fourth entry to the market, in which Turkcell, the local unit of UK-based Vodafone and Turk Telekom’s Avea currently compete.
The potential new entrant will be able to bid for 2.6 GHz spectrum only.
Turkcell, Vodafone and Turk Telekom have all expressed interest in the auction, ICTA said.