Telia, Elisa and Tele2 line up for 700MHz sale

Estonia’s three incumbent mobile network operators (MNOs) have pre-qualified for the forthcoming auction of 5G-capable spectrum in the 700MHz band. Telia, Elisa and Tele2 are in the running to expand their 5G frequency holdings after securing 3.5GHz licences earlier this year (as reported by TeleGeography’s CommsUpdate). Six packets of 700MHz spectrum are on offer, with each carrying a reserve price of EUR1 million (USD972,000) and including 2×5MHz of spectrum. The sale is due to begin on 8 November and a maximum of two licences can be won per bidder.