Vodafone Italy announced that the 3700 MHz spectrum it acquired this week in the national auction can be used immediately to enhance coverage, improve capacity, and for the rapid development of 5G services.
In the spectrum action, Vodafone Italy agreed to pay for the following licenses:
- 3700 MHz – 80 MHz for €1,685 million, available from 1 January 2019 with a licence duration of 19 years.
- 700 MHz – 2 x 10 MHz FDD (Frequency Division Duplexing) for €683 million, available from July 2022 with a licence duration of 15.5 years.
- 26 GHz – 200 MHz for €33 million, available from 1 January 2019 with a licence duration of 19 years.
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Vodafone currently has 5G trials underway in Milan and its metropolitan area, with the aim of transforming Milan into the 5G capital of Europe. Vodafone expects to have already achieved coverage of 80% of Milan and its metropolitan area by December 2018.
Vodafone Group CEO Nick Read said: “Auctions should be designed to balance fiscal requirements with the need for investment to enable economic development. Telecoms is the sector that enables all other sectors to participate in the Gigabit society. It is critical that European governments avoid artificial auction constructs which fail to strike a healthy balance for the industry.”