By John Smith • Published: 25 Feb 2021 • 12:42
THE Spanish Government is taking its time with the releases of 5G bandwidths but has just earned €42 million from its latest sale.
Having started sales of 5G rights five years ago, it sold another tranche in 2018 and the latest batch has been sold in equal shares to Orange and Telefonica.
This means that currently, Orange controls the largest block of 5G bandwidth followed by Telefonica, Vodafone and MásMóvil.
In March of this year another batch estimated at being worth more than €1 billion will be up for grabs and it is rumoured that Vodafone and MásMóvil may merge to consolidate their 5G capacity
Thank you for taking the time to read this news article “5G bandwidth options continue to be sold by Spanish Government”.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
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