Finland's 4G Wireless Auction Results

Finland’s first radio spectrum auction closed on 23 November. The auction lasted five days and included 27 rounds. The final sum amounted to 3,797,800 euros.
The winning bids for FDD (Frequency Division Duplex) spectrum were submitted by the following operators:

Elisa Oyj that bid 50 MHz for 834,700 euros, TeliaSonera Finland Oyj that bid 50 MHz for 819,200 euros and DNA Oy that bid 40 MHz for 675,700 euros.

In TDD (Time Division Duplex) spectrum the highest bid was made by Pirkanmaan Verkko Oy that bid 50 MHz for 1,468,200 euros.

Ms Suvi Lindén, Finland’s Minister of Communications, says that the auctioning process went as expected.

“Now we will assess the results of the trial auction and the impact it will have in future”, Ms Lindén says.

According to Minister Lindén a report of the impacts of the auction will be submitted to Parliament in autumn 2010. By then there will be information available as to how the winners use the spectrum.

The Government will later grant operating licences on the basis of the auction.

source: 4g.co.uk