Yesterday, Croatian Regulatory Authority for Network Industries (HAKOM) announced that the public auction for the spectrum allocation has ended. The total amount of fees for the use of spectrums amounts to EUR 339m at the national level, compared to the initial price of EUR 154.8m. Permits are issued for 15 years for all allocation areas with the possibility of extension for a maximum of five years, as determined by EU-level rules.
Yesterday, Croatian Regulatory Authority for Network Industries (HAKOM) announced that the 6-week public auction for the spectrum allocation has ended. The total amount of fees for the use of spectrums amounts to EUR 339m at the national level, compared to the initial price of EUR 154.8m. Permits are issued for 15 years for all allocation areas. Further, according to the EU-level rules., there is a possibility of extension for a maximum of five years. Finally, we note the biggest total amount spent per frequency band amounted to EUR 120.4m for 2100 MHz, which should not come as a surprise, as this frequency band is used for 5G. Also, each of the three telecoms spent the most for this frequency band, individually, compared to all other categories.
Below we present you the total amount of fees spent per company for all spectrums bided, compared to the initial price for the use of spectrums.
Total amount spent by telecoms for all spectrums vs. initial price
Source: HAKOM, InterCapital Research
