Vodafone Acquires 5G Spectrum in Spain

VODAFONE SPAIN ACQUIRES SPECTRUM FOR 5G SERVICES

Vodafone Spain has acquired 90 MHz of contiguous spectrum in the 3700 MHz band for mobile data services in the Economic Ministry’s auction for a total cost of €198.1 million. The fee will be paid by 20 equal annual instalments at a 2.35% interest rate.

Vodafone Spain will use the 3700 MHz spectrum to deploy 5G services, enabling Gigabit speeds and lower latency to enhance applications including connected vehicles and robotics, industrial automated systems, and virtual and augmented reality.

The spectrum acquired has a twenty-year term.

Vodafone Spain has the following spectrum holdings before and after the auction:

	Existing Holding	Purchased	Post-purchase
800 MHz	2 x 10 MHz		2 x 10 MHz
900 MHz	2 x 10 MHz		2 x 10 MHz
1800 MHz	2 x 20 MHz		2 x 20 MHz
2100 MHz (inc. TDD)	2 x 15 + 5 MHz		2 x 15 + 5 MHz
2600 MHz (inc. TDD)	2 x 20 + 20 MHz		2 x 20 + 20 MHz
3700 MHz (TDD)		90 MHz	90 MHz

Source: Vodafone media announcement

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