Finland collects €3.8m from 4G auctions

The Finnish government has reaped €3.8 million in spectrum auctions which will facilitate the construction of 4G, mobile and broadband networks. The spectrum auction, which closed on Monday after five days and 27 rounds, was the first ever held by the Finnish government.

Four carriers secured the licenses in the 2500-2690 Mhz band with Swedish-Finnish telecom operator TeliaSonera bidding € 810,200 for 50 MHz, Elisa bidding €834,700 for 50 MHz, and DNA paying € 675,700 for 40 MHz. All three were granted permits to build LTE networks.
Finland’s Pirkanmaan Verkko won a permit to build a Wimax network after bidding €1.47 million for 50 MHz.
Finland’s Click here to find out more!Minister of Communications Suvi Linden said that the ministry would “assess the results of the trial auction and the impact it will have in future.”
A report on the auction will be submitted to Parliament in autumn 2010.

The Finnish government plans to offer high-speed broadband connections with a speed of at least 100 Mbps to nearly all Finns by the end of 2015. The first step is to secure broadband of at least 1 Mbps by July 2010.