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Belgium’s 5G spectrum auction raises $1.26 billion

June 21, 2022

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Belgium’s 5G spectrum auction raised a total of 1.2 billion euros ($1.26 billion) from five bidders, according to the Belgian Institute for Postal Services and Telecommunications (BIPT).

In a release, BIPT stated it had closed the main phase of the auction, which began on June 1, with local operators Citymesh Mobile, Network Research Belgium, Orange Belgium, Proximus and Telenet Group securing frequencies for a period of 20 years.

The regulator auctioned frequencies for 5G services in the 700 MHz and 3.6 GHz bands, and 2G and 3G spectrum in 900 MHz, 1.8 GHz and 2.1 GHz.

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