Auction of 1400MHz spectrum raises over EUR216m

21 Jul 2022

Telecoms regulator the Belgian Institute for Postal Services and Telecommunications (BIPT) has announced the conclusion on Wednesday of the final phase of its multi-band spectrum auction. Following completion of the tender for new 5G spectrum (700MHz and 3600MHz) and existing 2G and 3G frequencies (900MHz, 1800MHz and 2100MHz) on 20 June 2022, raising EUR1.2 billion (USD1.23 billion), the second and final phase of the auction to allocate 20-year user rights to another 90MHz of frequencies in the 1400MHz band yielded EUR216.54 million, bringing the total amount raised to almost EUR1.419 billion.

Proximus successfully bid EUR108.89 million for 45MHz of 1400MHz spectrum (1472MHz-1517MHz), Orange Belgium paid EUR69.65 million for 30MHz (1427MHz-1457MHz), and Telenet obtained 15MHz (1457MHz-1472MHz) for EUR38 million.