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French 5G spectrum sale raises EUR 2.79 billion

2020-10-02 09:27:00| Telecompaper Headlines

(Telecompaper) The final stage of the French 5G tender ended on 01 October, completing the sale of 310 MHz of spectrum in the 3.4-3.8 GHz band. Telecom regulator Arcep said that proceeds amounted to EUR 2.79 billion, which compares with the floor price of EUR 2.17 billion set by the government at the end of last year. Market leader Orange accounted for the highest spend, at EUR 854 million for 90 MHz of spectrum. Altice France subsidiary SFR acquired 80 MHz for EUR 728 million, while Bouygues Telecom and Free Mobile both secured 70 MHz for EUR 602 million.

Tags: sale eur french billion

Category:Telecommunications

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