The 5G frequencies have been sold. Who has gained a license and for how much?

The auction was suspended at first.

Illustrative stock photoIllustrative stock photo (Source: AP/SITA)

Following a decision of the Igor Matovič (OĽaNO) government to postpone the auction of 5G frequencies, Slovakia was threatened with being investigated by the European Commission back in the summer.

The auction eventually happened in late November, without wider media attention, the Index economic magazine reported.

The electronic auction did not bring any new player to the telecom market, and only four operators active in Slovakia participated.

Slovak Telekom, Orange, O2 and Swan Mobile (Štvorka) paid about €100.2 million in total for 5G frequencies of 700, 900 and 1800 MHz. The starting bid was slightly lower, at €98.5 million, Index wrote.

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