Czech Republic raises $109m in spectrum sale

15 June 2016 |

The Czech Telecommunication Office (CTU) has confirmed the completion of the sale of spectrum in the 1800MHz and 2600MHz bands to O2, T-Mobile and Vodafone for a total of $109.96 million (CZK2.64 billion).

O2, T-Mobile and Vodafone are expected to pay CZK1.472 billion, CZK729.9 million and CZK442 million respectively.

O2 acquired two blocks of 2x2.9Mhz, a 2x5MHz block and another block of 25MHz while Vodafone won a 2x5MHz block; T-Mobile acquired 2x10MHz and one block of 25MHz.