On the evening of the second day of the auction, the State is already assured of pocketing at least €2.65 billion for the allocation of 5G frequencies in France.
Organised by Arcep, the auction covers eleven 10 MHz blocks coveted by Bouygues Telecom (Bouygues), Orange, Free (Iliad) and SFR (Altice).
Each of the 10 MHz blocks, put up for sale at a minimum price of €70 million, reached a new price of €114 million on the evening of 30 September. It had already risen to 90 million on the first day of the auction the day before. The Arcep specifies that the process will continue on Thursday.
Having already raised 1.4 billion euros during the non-auction allocation of four 50 MHz blocks - one per operator - the amount reached by the auction guarantees 2.65 billion euros to the State for the moment. Orange is still asking for five blocks, followed by SFR and Bouygues Telecom with three blocks each, then Iliad with just two blocks.
Source : Challenges