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Turkey to raise minimum EUR 2.3 bln in LTE auction
2015-03-18 14:34:00| Telecompaper Headlines
(Telecompaper) Turkey's telecommunications regulator announced a minimum reserve price of EUR 2.3 billion for 4G spectrum licences. The Information and Communication Technologies Authority will tender a total 390 MHz in the 800, 900, 1,800, 2,100 and 2,600 MHz bands in the auction. The successful bidders may pay for the licences in a single payment or in four installments every six months, plus interest, according to a decree from the cabinet published in the Official Gazette. Transport and Communication Minister Lutfi Elvan said earlier in March that the aim is for at least 90 percent of the population to have 4G coverage within six years, reported the Daily Hurriyet. The licence tender should be completed by the end of May, and the 4G services should start by the end of this year. In addition to the three existing operators Turkcell, Vodafone and Avea, the country aims to attract a fourth network operator in the auction. The fourth operator will be able to bid only for the 2,600 MHz band, but will be free from other operating obligations applied to the existing operators, the minister said.
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Category:Telecommunications
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