Germany opens the bidding for mobile phone airwaves


  • TECH
  • Wednesday, 27 May 2015

THREE-WAY TIE: The new market dynamics make a fiercely competitive auction between former state monopoly Deutsche Telekom, Telefonica Deutschland and Vodafone unlikely, said Antonios Drossos, co-founder of Finnish telecoms advisory firm Rewheel.

FRANKFURT: Germany starts an auction of radio frequencies for mobile phone network operators on May 27, hoping to fill state coffers with billions of euros which it plans to use to help improve the country's fast broadband network. 

But analysts expect the auction to raise only a maximum of €4bil (RM15.83bil), a far cry from the €50.8bil (RM201.15bil) the government raised in the auction in 2000 for new 3G network licences, when there were six groups bidding. 

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