Portuguese 5G auction ends after 1,727 rounds of bidding; process generates EUR566.8m

28 Oct 2021

Portugal’s National Communications Authority (Autoridade Nacional de Comunicacoes, ANACOM) has confirmed that its multi-band 5G spectrum auction – which commenced on 14 January – has finally concluded, after 1,727 rounds of bidding. The process generated a total of EUR566.8 million (USD657.6 million).

Alongside incumbent mobile operators PT Portugal (MEO), Nos and Vodafone Portugal, the auction also saw bidding activity from Grupo MASMOVIL-backed cableco Nowo, mobile network densification specialist Dense Air and the previously unknown Dixarobil, which is understood to be affiliated with Romania’s Digi Communications.

Nos spearheaded the bidding, agreeing to pay EUR165.1 million for a combination of 700MHz, 900MHz, 2100MHz and 3.6GHz spectrum. Next in line was Vodafone (EUR133.2 million; 700MHz/3.6GHz), followed by MEO (EUR125.2 million; 700MHz/900MHz/3.6GHz). In terms of the ‘new’ bidders, Nowo bid EUR70.2 million for 1800MHz, 2.6GHz and 3.6GHz spectrum, while Dixarobil offered EUR67.3 million for spectrum in the 900MHz, 1800MHz, 2.6GHz and 3.6GHz bands. Finally, Dense Air committed to pay EUR5.8 million for 3.6GHz frequencies.