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Stock impact report

Explainer: Germany, at last, launches 5G spectrum auction [Reuters (UK)]

Telefonica SA (TEF) 
Last telefonica sa earnings: 2/23 04:01 pm Check Earnings Report
Company Research Source: Reuters
Explainer: Germany, at last, launches 5G spectrum auction | Reuters 5 Min Read MAINZ, Germany (Reuters) - Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a decisive role in determining whether Europe’s largest economy remains competitive in the digital age. It nearly didn’t happen: a raft of lawsuits brought by network operators was thrown out by a court only last week. The buildup has also been overshadowed by U.S. pressure on its allies to bar Chinese vendors from participating in building 5G networks due to national security fears. In the end, regulators preferred to draft tougher rules for all vendors rather than meet the U.S. demand to banish China’s Huawei Technologies, the global network market leader. Here’s an overview of how the auction will work: Germany’s Federal Network Agency (BNetzA) is auctioning off 41 blocks of spectrum in the 2 GHz and 3.6 GHz bands. These frequencies have relatively short range Show less Read more
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