BT Group’s mobile business EE wins 80MHz of 5G spectrum

BT Group

BT Group plc (LON:BT.A) has announced that, following the principal stage of Ofcom’s 5G auction, EE has secured new 700MHz and 3.6-3.8 GHz spectrum.

Low band 700MHz spectrum is widely seen as crucial for reach and indoor coverage, providing a wider and better customer experience. Mid-range 3.6GHz spectrum will help deliver greater capacity and speed, both vital elements for the growing use cases associated with 5G technologies.

The Spectrum Auction now moves to a second stage, to work out where the acquired spectrum will be assigned within the band. The full commercial terms will only be finalised at the end of this assignment stage of the auction.

Full details of the spectrum EE has won are shown in the table below:

Spectrum on offerEE securedAs a % of spectrum on offerPrice paid per lotCost to EE Limited 
60MHz of 700MHz spectrum band in six lots of 2x5MHz FDD12 lots of 2x5MHz(2 x 10MHz) 33%£140m £280m
20MHz of 700MHz spectrum band in four lots of 5MHz SDL2 (downlink only)4 lots of 5MHz100%£1m£4m
120MHz of spectrum in the 3.6-3.8GHz band in 24 lots of 5MHz8 lots of 5MHz(40Mhz total)33%£21m£168m
Total£452m

1FDD – Frequency division duplex

2SDL – Supplemental downlink

Marc Allera, CEO Consumer said: “EE has secured vital new spectrum in this auction which, when rolled out into the network, will allow us to grow our position as the UK’s number one 5G network. EE was first to launch 4G and 5G, and this auction outcome is great news for our network, our customers and BT Group.”

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