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Norwegian Radio Spectrum Auction Ends After Just One Round
Published on:
Norway's telecoms regulator has concluded a radio spectrum auction, after just one round. All nine blocks of the 2Ghz spectrum were sold at the reserve price of 5 million Norwegian kroner per block.
In total there were nine blocks available in the auction, two blocks consisting of 2 x 4.8 MHz and seven blocks consisting of 2 x 5.0 MHz.
TeliaSonera and Telenor each won four blocks and Mobile Norway won one block of spectrum. This result means that these three companies each have the same amount of spectrum in the 2 GHz band (approximately 2 x 20 MHz).
There were five registered bidders in the auction, although the identity of the bidders was kept confidential. Two of the bidders withdrew from the auction, and one of them did so only 24 minutes before the first auction round was about to start and after the auction process had started.
No company could possess more than four blocks in the 2 GHz band (spectrum cap) and therefore the auction ended after one round.
The frequency licences will be valid for 20 years and are technology neutral.
Tags: [radio spectrum] [npt] [Norway]
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