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German spectrum auction raises over EUR 5 billion
2015-06-19 12:52:00| Telecompaper Headlines
(Telecompaper) The German multi-band spectrum auction has concluded after 16 days of bidding with total proceeds of EUR 5.081 billion, the Bundesnetzagentur announced. Vodafone Germany spent the most, at EUR 2.09 billion, followed by Deutsche Telekom with total bids of EUR 1.97 billion and Telefonica Deutschland at EUR 1.20 billion. Each operator obtained 2x10 MHz in the 700 MHz, with prices driven up the last days of bidding by Vodafone. In the 900 MHz band, Vodafone and O2 each obtained two blocks of 2x5MHz, while Deutsche Telekom gained three blocks. Vodafone took the most spectrum in the 1,800 MHz band, at 2x25 MHz, while T-Mobile took 2x15 MHz and O2 2x10 MHz. The unpaird spectrum in the 1,500 MHz band was split between Vodafone and Deutsche Telekom, with each acquiring 20 MHz. The blocks in the 1,800 MHz band attracted the highest price, at bid of EUR 237.5-258.2 million per block of 2x5 MHz. The 900 MHz band sold for EUR 180.5-211.8 million per block, and the newly released 700 MHz band cost EUR 165.5-171.6 million per block, around double the reserve price of EUR 75 million.
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Category:Telecommunications