Europe's first technology neutral 2.6GHz auction raises €29M

Prices paid for wireless broadband spectrum in Norway suggest strong valuations when the same frequencies are auctioned in the UK and Sweden next year. On the same basis a UK auction would raise €375M and a Swedish auction €56M.

Norway's auction of 2.6GHz and 2010-2025MHz licences, all expected to be used for fixed, nomadic and mobile wireless broadband services, has closed after seven days and 78 rounds of bidding. Offers for the spectrum started at around €2.5M but increased more than tenfold during the contest to a total of €29M (£20.5M). Of the eight companies that participated five were awarded licences in 2.6GHz: Arctic Wireless, Craig Wireless Systems, Hafslund Telekom, NetCom and Telenor; and Inquam Broadband was awarded the 2010MHz licence.

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