Five operators bid initial EUR 2.48 billion in Italian 5G auction

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(Telecompaper) Five telecommunications operators have made preliminary bids totalling EUR 2.48 billion in the first round of Italy’s national 5G spectrum auction, according to a statement from the Ministry of Economic Development (MISE). Telecom Italia (TIM), Fastweb, Vodafone Italia, Wind Tre and Iliad submitted bids for licences in the 694-790 MHz and 26.5-27.5 GHz bands and will be allowed to increase their offers on 13 September.
Source: Industry News (syndicated from Telecompaper.com)

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