Orange, Slovak Telekom and O2 paid €100m for 5G licenses

Telecoms operators paid €100.2m for 5G network frequencies in an auction run by telecoms regulator RÚ. To compare, a similar auction in Czechia yielded €211m. The three largest mobile phone operators bought most of the frequencies: Orange paid €33.6m, Slovak Telekom €32.7m, and O2 €33.4m. The small and cash-strapped operator 4ka bought a small chunk for €0.6m and won’t have enough frequencies for country-wide 5G coverage; it will depend on national roaming in its offering of 5G services, much as with the 4G services. The operators did not compete much for the licenses, as the final price is just 2% higher compared to the asking price of €98.5m. They paid €164m in 2013 for 4G licenses.

(sme.sk)