Elisa has been named as the winner of the first licence in Estonia’s auction of 5G-capable 3.5GHz spectrum. The Consumer Protection and Technical Surveillance Authority (TTJA) announced that Elisa submitted a bid of EUR7.206 million (USD7.756 million), well above the reserve price of EUR1.597 million. A further two concessions are still available, and the auction for the next licence will begin once Elisa has paid the necessary fees.
Andres Suti, Minister of Enterprise and Information Technology, commented: ‘The final price, which is many times higher than the starting price, shows the strong competition in our 5G market, which accelerates the delivery of 5G to customers. Elisa now has the green light to offer a new user experience and new solutions to its customers, and two more licences have to be shared.’