MASMOVIL completes Eurona 3.5GHz spectrum deal

21 Dec 2018

Spanish alternative operator Grupo MASMOVIL has completed its acquisition of a 2×20MHz block of spectrum in the 3.5GHz band from domestic ISP Eurona Wireless Telecom (EWT). Back in July this year, the telco agreed to pay EUR30 million (USD34.9 million) for the frequencies, which span the 3400MHz-3420MHz/3500MHz-3520MHz bands. MASMOVIL will use the spectrum to support its future introduction of 5G technology.

TeleGeography notes that the deal represents MASMOVIL’s second 3.5GHz acquisition of the year, following its June deal to acquire fixed-wireless operator Neutra Network Services for EUR15.5 million, which included a 40MHz block of nationwide spectrum in the 3.4GHz-3.6GHz band.

Spain, Eurona, Grupo MASMOVIL (incl. Yoigo)