Vodafone Group Gets 5G Spectrum in Spain for GBP198.1 Million
25 Julio 2018 - 10:11AM
Noticias Dow Jones
By Adria Calatayud
Vodafone Group PLC (VOD.LN) said Wednesday that it will pay
198.1 million euros ($231.7 million) to acquire a mobile-data
services spectrum in Spain that the company will use to deploy 5G
services.
The London-based telecommunications company said it has acquired
90 megahertz of contiguous spectrum in the 3,700 MHz band for a
20-year term at an auction by Spain's economics ministry. The fee
will be paid in 20 equal annual installments at a 2.35% interest
rate, Vodafone said.
The company said the spectrum will be enable it to enhance
applications including connected vehicles and robotics, industrial
automated systems, as well as virtual and augmented reality.
Earlier this year, Vodafone was awarded 5G spectrum in the
U.K.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
July 25, 2018 10:56 ET (14:56 GMT)
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