The long-awaited multi-band 5G auction in Greece ended on December 16, 2020 after six rounds of bidding. It raised 372.3 million EUR just exceeding targets of 367 million EUR. The three current MNOs got spectrum in all bands for sale (700 MHz, 2 GHz, 3.4-3.8 GHz and 26 GHz). Vodafone spent the most with 130.2 […]
The long-awaited multi-band 5G auction in Greece ended on December 16, 2020 after six rounds of bidding. It raised 372.3 million EUR just exceeding targets of 367 million EUR.
The three current MNOs got spectrum in all bands for sale (700 MHz, 2 GHz, 3.4-3.8 GHz and 26 GHz). Vodafone spent the most with 130.2 million EUR and the same number of lots than Cosmote that paid 123 million EUR. Wind Hellas outlaid 119.1 million EUR. Spectrum allocations differ in the mid-frequencies where Cosmote got fifteen blocks, Vodafone fourteen and Wind only ten and in the 26 GHz band where Cosmote and Vodafone obtained two blocks each while Wind only got one lot. In the 700 MHz band, each player got two blocks. Greece becomes thus the third EU country to assign 26 GHz spectrum.
Licences in all pioneer bands will be valid for 15+5 years from December 20, 2020 till December 19, 2035 (except specific slots at 3.4-3.8 GHz that will be valid from May 1st, 2029). Licences in 700 MHz and 3.4-3.8 GHz include coverage obligations ranging from a percentage of the population to be covered within the first three years, a 100 Mbps minimum level of downloaded data throughputs, or a minimum of 300 5G sites to be installed for 3.4-3.8 GHz spectrum.
