Telecom Italia Wins Two 5G Blocks in Italy for EUR680 Million
September 14 2018 - 1:42AM
Dow Jones News
By Alberto Delclaux
Telecom Italia SpA (TIT.MI) said late Thursday that it won two
blocks totaling 10 megahertz in an Italian 5G auction, after
offering 680 million euros ($792.5 million).
The blocks won by Telecom Italia, which are in the 700 megahertz
band, will be available from 2022 and valid until 2037, the company
said.
Telecom Italia said the amount acquired was the maximum possible
under current antitrust regulations.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
September 14, 2018 01:27 ET (05:27 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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