Five Italian telecom operators request spot in mobile frequency auction


Five Italian telecom operators have submitted requests to participate in an auction of new fourth-generation mobile frequencies, Italy's industry ministry said on Wednesday.

All major Italian mobile phone operators, former monopoly Telecom Italia , Vodafone , Wind, 3 Italia, and the Linkem group showed interest, the ministry said.

Italy's government is banking on the auction to raise about $3.5 billion for its budget and forecasted that it could raise as much as $4.5 billion if all frequencies are sold.

The government will declare those admitted to the auction by July 29 and they will then have a month to present their offers.

Speculation had also centered on possible interest from other contenders like Italy's post office, Poste Italiane, which operates its own mobile division.

Egyptian businessman Naguid Sawiris, who sold Wind this year to Russia's Vimpelcom, urged the Italian government earlier this month to delay the auction because of the financial crisis and weak economic landscape.

He said the government risked a poor showing given financial constraints on banks and companies during a period of economic malaise and that Italy should at least consider allowing operators to make payments in installments.

(Reporting by Deepa Babington; Editing by Elaine Hardcastle)


Related Tags

Featured Reports

Current State of Fifth Generation (5G) Cellular and 5G Technologies

This research provides an in-depth assessment of both technical issues (enabling technologies, 5G standardization and research initiatives, spectrum bands, etc.) and business areas (market drivers, challenges, use cases, vertical market applications, regulatory issues, trial commitments, introduction strategies, and impact to CSPs), as well as analysis of the emerging 5G ecosystem.

Click to learn more

Understanding and Capitalizing on Mobile Payment Systems

Mobile payments is rapidly expanding with solutions, applications, and services. Mobile payments systems include technologies and solutions that deliver electronic commerce features directly across mobile-wireless devices. This report provides an understanding of mobile payments technologies, systems, major players and solutions, and an overall forecast for mobile payments for five years.

Click to learn more

More Featured Research

Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and

See all reports