Spanish telecoms firm Grupo MASMOVIL has been identified as the buyer of three blocks of 1800MHz spectrum in the first stage of the auction being held by the National Communications Authority (Autoridade Nacional de Comunicacoes, ANACOM). According to Expansion, MASMOVIL took part in the auction via its Portuguese cable/MVNO subsidiary Nowo. Going forward, MASMOVIL intends to roll out a 4G network covering Lisbon, Porto and the Algarve. As per regulator data, the winning bidder paid EUR18.117 million (USD22.012 million) for each of the three blocks on offer, for a total commitment of EUR54.351 million.
In related news, the second phase of the Portuguese auction commenced yesterday (14 January). This phase includes spectrum in the 700MHz, 900MHz, 2100MHz, 2.6GHz and 3.6GHz bands. Incumbent operators MEO, Nos and Vodafone will all go head-to-head for the 5G suitable frequencies, with MASMOVIL also expected to boost its spectrum holdings.