Sunday, 18 August 2019 12:48 GMT

German 5G frequencies sale hits USD7.3b

(MENAFN) Germany, the Federal Network Agency revealed, witnessed its sales of 5G frequencies to telecom companies reach USD7.3 billion.

Following an auction that lasted for three months, 41 frequency blocks were acquired on offer by three key mobile network providers in Germany.

This auction brought up more attention that was expected, with forecasts being set between 3-5 billion euros.

Using 5G network, transfer of data would be highly accelerated to bring up the possibility of the use of artificial intelligence as well as other high-tech achievements.


German 5G frequencies sale hits USD7.3b

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