VODAFONE SPAIN ACQUIRES SPECTRUM FOR 5G SERVICES

RNS Number : 7717V

Vodafone Group Plc

25 July 2018

 

25 July 2018

VODAFONE SPAIN ACQUIRES SPECTRUM FOR 5G SERVICES

Vodafone Spain has acquired 90 MHz of contiguous spectrum in the 3700 MHz band for mobile data services in the Economic Ministry's auction for a total cost of €198.1 million.  The fee will be paid by 20 equal annual instalments at a 2.35% interest rate.

Vodafone Spain will use the 3700 MHz spectrum to deploy 5G services, enabling Gigabit speeds and lower latency to enhance applications including connected vehicles and robotics, industrial automated systems, and virtual and augmented reality.

The spectrum acquired has a twenty-year term.

Vodafone Spain has the following spectrum holdings before and after the auction:

	Existing Holding	Purchased	Post-purchase
800 MHz	2 x 10 MHz		2 x 10 MHz
900 MHz	2 x 10 MHz		2 x 10 MHz
1800 MHz	2 x 20 MHz		2 x 20 MHz
2100 MHz (inc. TDD)	2 x 15 + 5 MHz		2 x 15 + 5 MHz
2600 MHz (inc. TDD)	2 x 20 + 20 MHz		2 x 20 + 20 MHz
3700 MHz (TDD)		90 MHz	90 MHz

For further information:

Vodafone Group
Media Relations	Investor Relations
www.vodafone.com/media/contact	Telephone:  [phone]

About Vodafone

Vodafone Group is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 25 countries, partners with mobile networks in 46 more, and fixed broadband operations in 18 markets. As of 30 June 2018, Vodafone Group had 534.5 million mobile customers and 19.9 million fixed broadband customers, including India and all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com.

 

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