Norway raises €95 million in 1800MHz spectrum auction
Norway has raised €95 million in its 1800MHz spectrum auction after seven days and 83 rounds of bidding.
Telenor acquired two licences of 10MHz each for a total of €63.1 million (NOK 585.3 million) while rival TeliaSonera paid €31.5 million (NOK 292.7 million) for two licences of 5MHz. Ice Communications failed to secure any spectrum.
The country’s regulator Nkom said winners have until January 20, 2016 to negotiate their places in the spectrum.
The spectrum auction was delayed in August 2014 following TeliaSonera’s acquisition of Tele2. The available spectrum was put up for action in a move to increase 4G capacity in the country.