The Danish Energy Agency has completed its latest spectrum auction and TDC has come away with the majority of the available assets.
TCD won 14 of the 20 blocks in the 700, 900 and 2300 MHz frequency bands, representing 60MhZ out of the available 100Mhz. 3 Denmark acquired two 10 MHz blocks in the 700 and 900 MHz bands. Telia, bidding via its TT Network joint venture with Telenor, secured two 5 MHz blocks in the 700 MHz band and two 10 MHz blocks in the 900 MHz band.
TDC says the acquisition of new licences is an important step towards fulfilling its plan to deploy 5G across the country by the end of 2020.
Allison Kirkby, CEO and CEO of TDC Group, said, “I am very pleased with the outcome of the auction. The allocated frequencies enable TDC to contribute to a Digital Denmark with a nationwide wireless network in top-class European. 5G will enable Denmark to expand its position as a global digital front runner, and we are on the way to launching a new and exciting chapter.”
“Several frequency blocks provide higher speed, longer range and stronger indoor coverage, which gives us a unique position to strengthen and develop the best coverage in Denmark. TDC has connected all over Denmark for almost 140 years, and the new licenses ensure that Danish consumers, companies and society enjoy new experiences, services and the many opportunities that 5G offers,” she added.
TDC spent NOK 1.6 billion, (€210 million) at the auction, while 3 Denmark paid around €68 million. TT Network spent €14 million on its 700 MHz assets – there were no upfront costs for 900 MHz spectrum but there is an obligation to meet certain coverage commitments.
TDC also assumes coverage obligations under the auction rules, compelling the company to ensure stronger coverage in areas which are currently lacking.