Vodafone Group PLC (LON:VOD), have acquired 90 MHz of contiguous spectrum in the 3700 MHz band for mobile data services in the Economic Ministry’s auction for a total cost of €198.1 million. The fee will be paid by 20 equal annual instalments at a 2.35% interest rate.
Vodafone Spain will use the 3700 MHz spectrum to deploy 5G services, enabling Gigabit speeds and lower latency to enhance applications including connected vehicles and robotics, industrial automated systems, and virtual and augmented reality.
The spectrum acquired has a twenty-year term.
Vodafone Spain has the following spectrum holdings before and after the auction:
|
Existing Holding |
Purchased |
Post-purchase |
|
|
800 MHz |
2 x 10 MHz |
2 x 10 MHz |
|
|
900 MHz |
2 x 10 MHz |
2 x 10 MHz |
|
|
1800 MHz |
2 x 20 MHz |
2 x 20 MHz |
|
|
2100 MHz (inc. TDD) |
2 x 15 + 5 MHz |
2 x 15 + 5 MHz |
|
|
2600 MHz (inc. TDD) |
2 x 20 + 20 MHz |
2 x 20 + 20 MHz |
|
|
3700 MHz (TDD) |
90 MHz |
90 MHz |
