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May 8, 2008  |  Email This Article   |  Print This Article

Swedish auction fetches 2.1 billion for WiMAX frequencies

STOCKHOLM (WiMAX Day). The National Post and Telecom Agency (PTS) in Sweden announced today that it has concluded the auction of 2.6 GHz spectrum. The total amount paid to purchase the licenses was SEK 2.1 billion (USD 346 million). A total of 190 MHz was auctioned, with five companies winning licenses. Intel Capital acquired one block of 50 MHz TDD spectrum for USD 26.2 million. The blocks of FDD frequencies went to Tele2, Telenor, and TeliaSonera, each paying approximately USD 90 million each for 2×20 MHz, and 3G operator HI3G Access AB paid USD 49 million for 2×10 MHz. The licenses will be technology and service neutral, allowing use for mobile mobile telephone and wireless broadband.