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Spain Awards 4G Spectrum, Raises €1.65 Billion

The Spanish government has completed the auction of LTE network in the country, awarding spectrum to Vodafone, Orange and Telefonica.

The auction, which raised Euro 1.65 billion for the Spanish government, involved 800MHz and 2.6GHz LTE spectrum bands.

Vodafone, which is one of the largest wireless carriers in Spain, paid Euro 518 million to acquire 20MHz in the 800MHz band and 40MHz in the 2.6GHz band.

Meanwhile, Telephonic failed to disclose the intricacies of the auction but said that it had acquired five blocks in 800MHz, 900MHz and 2.6GHz spectrum. Orange on the other hand, remained mum on the auction.

The Spanish government plans to hold another 4G auction in September this year and hopes to raise $2 billion from the auction.

The Italian government also plans to hold auctions and four carriers-Telecom Italia Mobile, Vodafone, Wind and 3 Italia have already expressed their intentions of participating in the LTE auction. The Italian government plans to raise Euro 2.3 billion, which could be increased by Euro 1.3 billion, if all the frequencies are sold. The 4G auction in Italy is expected to be completed by the end of September this year.