Portugal’s national regulator ANACOM has announced that the auction, which included frequencies well suited for 5G has completed.
The auction took place over the course of 200 days, making it the longest-running spectrum auction. The delay was blamed on the auction design, which allowed operators to raise their bids by 1%. This led to a very slow bidding process.
The country’s incumbent operators Meo, Nos and Vodafone all secured new licenses. Newcomers MásMovil, Romania’s Dixarobil and neutral host Dense Air also gained spectrum.
Nos was the biggest spender, paying €165 million for more than 130 MHz of low and mid-band spectrum. It gained 134 MHz of spectrum in the 700 MHz, 900 MHz, 2.1 GHz and 3.6 GHz bands. The second-biggest spender Vodafone acquired a total of 120 MHz for €133 million.
You can read the full results of the auction here.