The 5G auction in Spain lasted two days. With just three competitors, this Wednesday the batches of frequencies that the Government opened to tender for the development of this new connection technology have been covered. Finally, the investment has been 1,010 million euros, an amount that barely exceeds 995.5 million of the starting price and is lower than what the Government had initially set.
The operators had warned in the months prior to the auction that the starting price set by the government was too high and forced the starting figure to be lowered by 15%. Finally, both Orange and Vodafone have invested 350 million euros each in the auction that started this Tuesday, while Telefónica has closed the auction with 310 million.