Digital Dividend raises €233 million

Swedish telecommunications regulator PTS has announced that the auction of 800MHz (Digital Dividend) spectrum raised a total of SEK 2.054 billion (EUR 233 million), with three existing operators winning spectrum rights. The licences for a 25 year period went to TeliaSonera, 3 Sweden and Tele2 Sweden.
TeliaSonera said it will use its 2x10MHz blocks of 800MHz spectrum to further expand its 4G network.
3 Sweden also received 2x10MHz blocks as did Tele2 Sweden through the network company Net4Mobility.
Tele2 Sweden will use its frequencies to the roll-out of a 4G network.
Com Hem and Netett Sverige also participated in the auction but did not win any licences.
Source: Telecompaper
Item added: 7th March 2011