Friday, 17 May 2024
Wary of the heavy investments needed for the deployment of the new mobile technology, Arcep’s president Sébastien Soriano said earlier this week that the minimum price for the sale of the spectrum should not be higher than 1.5 billion euros.
France’s economy ministry has the final word on the floor price for sale.
Frances’s 5G spectrum will be sold at a floor price of 2.17 billion euros ($2.4 billion), a minister said on Sunday, significantly more than the amount previously recommended by the country’s telecoms regulator Arcep.
“The floor (price) that we’re proposing seems reasonable to us,” Junior Economy Minister Agnès Pannier-Runacher told French newspaper Les Echos. “It’s up to the government to assume its responsibilities and decide.”
Arcep kicked off the long-awaited sale of 5G spectrum on Thursday, ending months of intense debate between the country’s four telecoms operators and authorities on how to best deploy the new mobile technology.
Meeta develops credible content about various markets based on deep research, opinions from experts and inputs from industry leaders. As the managing editor at Smart Market News, she assures that every piece of news and article adds to the knowledge of decision makers. An avid bike rider, Meeta, is a postgraduate from Indian Institute of Journalism and New Media (IIJNM) Bangalore, where her specialization was Business Journalism. She carries experience from mainstream print media including The Times Group and Sakal Media Group.
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