French 700 MHz Auction Brings in $2.97 Billion
An auction of 700 MHz spectrum closed in France after 11 bidding rounds, bringing in a total of 2.796 billion euros ($2.97 billion), said the Autorité de Régulation des Communications Electroniques et des Postes in a news release. Six 5…
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MHz blocks were offered for sale. Free Mobile and Orange got two blocks each, Bouygues Telecom and SFR one block each. The French regulator is still determining where each will be located on the frequency band.