5G: OTE, Wind and Vodafone usage rights secured – € 372 million in revenue

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After six rounds of bidding, the tender process for the allocation of radiofrequency rights in the 700 MHz, 2 GHz, 3400-3800 MHz, and 26 GHz bands was successfully completed.

According to an announcement by the National Telecommunications and Post Commission (EETT), a total of the following radiofrequency divisions were awarded to the three participating companies:

At COSMOTE, with a total price of 123,034,000 euros:

  • fifteen (15) sections in the band of 3400-3800 MHz with a price of 30,705,000 euros
  • two (2) segments in the 700 MHz band with a price of 50,578,000 euros
  • four (4) sections in the 2 GHz band at a price of 35,270,000 euros
  • two (2) sections in the 26 GHz band with a price of 6,481,000 euros.

At VODAFONE-PANAFON, with a total price of 130,176,000 euros:

  • fourteen (14) sections in the band of 3400-3800 MHz with a price of 37,516,000 euros
    • two (2) sections in the 700 MHz band with a price of 51,060,000 euros
    • four (4) sections in the 2 GHz band at a price of 35,120,000 euros
    • two (2) sections in the 26 GHz band with a price of 6,480,000 euros.

    At WIND, with a total price of 119,051,153 euros:

    • ten (10) parts in the band of 3400-3800 MHz with a price of 30,306,051 euros
    • two (2) sections in the band of 700 MHz with a price of 50,080,051 euros
    • four (4) sections in the 2 GHz band at a price of 35,420,000 euros
    • one (1) segment in the 26 GHz band at a price of 3,245,051 euros.

    As emphasized in the announcement of EETT, “the successful completion of the auction by awarding the above spectral areas is expected to offer significant benefits for the electronic communications market in Greece, giving the opportunity to develop new products and services for the benefit of the consumer, but also paving the way for significant investments in critical infrastructure.

    “But in addition to the above, the cumulative benefit is estimated to be multiple, as the development of 5th generation networks is expected to radically affect a wide range of economic and social life, accelerating the digital transformation of the country, improving business competitiveness and contributing decisively. pursuit of economic development and social prosperity “.

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