Italy targets minimum EUR2.5bn from 5G auctions

20 Oct 2017

The Italian government is expecting to raise at least EUR2.5 billion (USD2.9 billion) over the next five years from the sale of wireless spectrum for future 5G services. A report from CorCom says authorities are hoping to surpass this and reach EUR3.2 billion, while an optimistic forecast sees income of EUR4 billion. Spectrum in bands such as 700MHz, 3.6GHz and 27GHz is likely to be offered to support future wireless broadband networks. The government has already unveiled plans to have 5G networks trialled in five Italian cities over the next few years, working with operators including TIM, Wind Tre, Vodafone, Open Fiber and Fastweb.