VODAFONE UK ACQUIRES SPECTRUM FOR 5G SERVICES

RNS Number : 9153J

Vodafone Group Plc

05 April 2018

 

5 April  2018

VODAFONE UK ACQUIRES SPECTRUM FOR 5G SERVICES

Vodafone UK has acquired 50 MHz of spectrum in the 3400 MHz band for mobile data services in Ofcom's auction for a total cost of £378.2 million (€433.4 million).*

Vodafone UK will use the 3400 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 and is convertible to perpetual licences thereafter.

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

	Existing Holding	Purchased	Post-purchase
800 MHz	10 MHz		10 MHz
900 MHz	17.4 MHz		17.4 MHz
1400 MHz	20 MHz		20 MHz
1800 MHz	5.8 MHz		5.8 MHz
2100 MHz	14.8 MHz		14.8 MHz
2600 MHz	40 MHz		40 MHz
3400 MHz		50 MHz	50 MHz

- ends -

* Exchange rate: £1 = €1.15.

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 49 more, and fixed broadband operations in 19 markets. As of 31 December 2017, Vodafone Group had 529.1 million mobile customers and 19.3 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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