RRT announces plans for 700MHz auction

25 Oct 2021

Lithuanian telecoms watchdog the Communications Regulatory Authority (Rysiu Reguliavimo Tarnyba, RRT) has published plans for the upcoming sale of spectrum in the 700MHz band for 5G mobile services, set to take place in early 2022. The tender comprises the sale of one 2×10MHz block (713MHz-723MHz/768MHz-778MHz) and two lots of 2×5MHz (723MHz-728MHz/778MHz-783MHz and 728MHz-733MHz/783MHz-788MHz), with initial prices set at EUR5 million and EUR3 million (USD5.8 million and USD3.5 million), respectively. The RRT notes, however, that participants will be restricting to bidding on one spectrum block during the auction. The concessions are valid for 20 years. Winning bidders are subject to certain rollout and service provision and rollout obligations, including a requirement to launch commercial 5G services in at least one of the country’s five largest cities (Vilnius, Kaunas, Klaipeda, Siauliai and Panevezys) within six months and to all five by 31 December 2023. Interested parties have until 25 January 2022 to submit auction documents to the RRT.