5G: The tender is over – At 372 million euros the price

It was recently completed successfully by EETT (National Telecommunications and Post Commission) the auction for its frequencies 5G (700 MHz, 2 GHz, 3400 – 3800 MHz and 26 GHz) a technology that will affect almost the entire economy.

The process required six rounds and the total price that the public will receive is 372 million euros. Of these, 25% will be allocated for the creation of the Phaistos investment fund which will finance start-ups that will deal with applications over 5G.

According to information the Cosmote will allocate 123 million euros for the range, the Vodafone 130 million and the Wind EUR 119 million.

Read the whole article at newmoney.gr

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