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Sweden raises $323.7m from 4G licence auction

The Swedish Post and Telecom Agency, or PTS, Friday said it has raised 2.05 billion kronor ($323.7 million) from an auction of telecoms frequency blocks, enabling operators to expand their next generation of services.

HI3G Access AB, TeliaSonera AB and Net4Mobility AB, a joint venture between Tele2 AB and Telenor ASA, all secured licenses to expand their fourth-generation, or 4G, networks in Sweden, PTS said.

The auction was conducted via the Internet and ended after five days and 31 rounds of bidding.

The new licenses will allow for the development of mobile telephony and broadband services to meet growing consumer demand, said PTS director general Goran Marby in a statement, adding: "This ensures a cost-effective expansion and allows for new technologies."

The three companies have gained licenses in the 800 megahertz frequency band, which are valid until 2035. HI3G Access AB paid SEK431 million, Net4Mobility AB paid a total of SEK769 million--including SEK300 million that will be used to specifically develop infrastructure in rural areas--while TeliaSonera Mobile Networks AB paid SEK854 million.

"This is a cost-effective way for us to expand our infrastructure for the next generation of telecom services," Hakan Dahlstrom, president of mobility services at TeliaSonera, told Dow Jones Newswires.

"The 800 MHz frequency band allows us to re-use investments already made for the 900 MHz frequency band," he added.

Com Hem AB and Netett Sweden AB also participated in the auction but didn't get any transmitting rights.

Источник: Total Telecom

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