German Spectrum Auction: Day 3

4:40 PM Operators up bids for 800MHz

Michelle Donegan

April 14, 2010

1 Min Read
German Spectrum Auction: Day 3

4:40 PM -- The four operators in Germany's spectrum auction have made it through a total of 15 rounds after the close of Day 3 and racked up a total of €139.8 million (US$190.8 million) in bids.

The bidding picked up pace today for frequency blocks in the 800MHz band -- which is considered valuable for Long Term Evolution (LTE) -- as E-Plus Mobilfunk GmbH , Deutsche Telekom AG (NYSE: DT), Telefónica O2 Germany GmbH & Co. OHG , and Vodafone Germany raised their bids. (See German Spectrum Auction: Day 2 and German Spectrum Auction: Day 1.)

This is only the beginning. The last spectrum auction in Germany in 2000 lasted for three weeks and went 173 rounds. Some analysts estimate that the proceeds from this auction could total around €8 billion.

The auction results are posted here each day.

— Michelle Donegan, European Editor, Light Reading Mobile

About the Author(s)

Michelle Donegan

Michelle Donegan is an independent technology writer who has covered the communications industry for the last 20 years on both sides of the Pond. Her career began in Chicago in 1993 when Telephony magazine launched an international title, aptly named Global Telephony. Since then, she has upped sticks (as they say) to the UK and has written for various publications including Communications Week International, Total Telecom and, most recently, Light Reading.  

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like