HELSINKI (Reuters) – Finnish telecom operators Telia, Elisa and Telenor-owned DNA all won frequencies at the countryâ€™s auction of new high-speed 5G mobile networks on Monday, the Ministry of Transport and Communications said.
Finland first granted 5G licences in 2018 and Mondayâ€™s auction was the second issue of licences, which will be valid until the end of 2033.
The latest auction included three 800 MHz bands in the 25.1-27.5 GHz range for use in mainland Finland, and all three were sold at a starting price of 7 million euros ($7.9 million)each.
Elisa won the 25.1-25.9 GHz frequencies, Telia 25.9-26.7 GHz and DNA 26.7-27.5 GHz, and there were no other bidders, the ministry said.
Construction of the new networks can begin on July 1.
â€œOver the past 18 months, the 5G network has been made available in 30 cities and municipalities in Finland. This spring, well-functioning connections have proved even more valuable than anticipated,â€ the Finnish Transport and Communications Agency said in a statement, referring to the COVID-19 epidemic.
DNA said the 26 GHz frequency band allows the transfer of larger data amounts than before and is particularly suitable for providing high-speed connections in densely populated areas such as urban centres, transport hubs and public events.
â€œIn the future, several businesses are also expected to use 5G technology in this frequency band,â€ DNA said in a statement.
Finland, home to network equipment maker Nokia, was among the first countries in the world to introduce 5G technology.
Reporting by Anne Kauranen; Editing by Kirsten Donovan and Susan Fenton