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Dutch government raises 1.23 billion euros in first 5G auction

Christian Fernsby ▼ | July 22, 2020
The Dutch government said on Tuesday it had raised 1.23 billion euros ($1.41 billion) from its first auction for bandwidth for 5G telecommunications.
Dutch central bank
Bandwidths   Dutch central bank
The three companies with mobile networks in the Netherlands, KPN, VodafoneZiggo and T-Mobile, all received bandwidth at the auction, the country’s junior economic affairs minister Mona Keijzer said in a news conference in The Hague.

Topics: Dutch

In separate statements, KPN, the former national telecoms operator in the Netherlands, said it had paid 416 million euros in the auction, VodafoneZiggo said it had paid almost 416 million euros and smaller rival T-Mobile said it had paid 400 million euros.