French agency to recommend raising fourth 3G licence fee to EUR240m, paper says

16 Jun 2009

The French shareholding agency CPT has submitted its opinion on a proposal to charge EUR206 million (USD286 million) for the fourth and final 3G licence in the country, Les Echos reports an unnamed government official as saying. Although no official announcement is expected until after the evaluation process is complete, it is understood the CPT will advise the government to raise its valuation of the frequencies on offer to EUR240 million for a 1×5MHz block (reserved for a new player), or one third of the total available. Last month the French industry minister and government spokesman, Luc Chatel, said the auction would take place before the end of the summer; two other lots of spectrum will be available to existing operators.