Site icon TelecomLead

Vodafone Germany acquires 5G spectrum for Euro 1.88 bn

vodafone groupVodafone Germany has acquired 5G spectrum at the the Federal Network Agency auction for a total cost of Euro 1.88 billion.

Under this auction, the telco has secured 90 MHz in the 3.6 GHz band and 40 MHz of 2100 MHz spectrum for 5G mobile networks.

With this, Vodafone Germany has achieved its overall auction objective and secured additional spectrum through to 2040, the company said.

Vodafone Germany has acquired a total of 130 MHz, comprising:

This provides continuity and expansion of existing services in this band.

Vodafone Germany has the following spectrum holdings before and after the auction:

Vodafone Group chief executive Nick Read, said, “Vodafone is committed to bring the full benefits of a digital society to Germany through our gigabit network including 5G. We believe it is important to have a balance between the price paid for spectrum and our strong desire to create an inclusive society through investment in mobile network coverage.”

Exit mobile version