Spain’s long-awaited auction of 5G-suitable 700MHz licences is now underway, with Telefonica Espana (Movistar), Orange Espana and Vodafone Spain going head-to-head for the concessions. Grupo MASMOVIL has opted to sit out the process, mirroring its approach in 2018, when the government auctioned 5G licences in the 3.6GHz-3.8GHz band.
A total of seven concessions are being tendered, broken down as two 2×10MHz blocks, two 2×5MHz blocks and three 1×5MHz blocks (downlink only). All licences will be valid for a period of 20 years, but extendable for a further 20-year period. The base price will generate bids of EUR995.5 million (USD1.174 billion).