The Lithuanian regulator RRT has announced the preliminary results of a 5G auction for the 3400-3700 MHz radio frequency band.
In a statement, it says that the highest bidders were Telia Lietuva, which offered €7 million, along with Bite Lietuva and Tele2, which each offered €3 million.
The winners of the auction will have to start providing 5G services from 2023 in at least one of the biggest Lithuanian cities, and from 2024 install 5G networks in major cities. From 2025, operators will have to ensure that all households are offered access speeds of up to 100 Mbps.
RRT notes that all auction participants have the right to submit claims for violations of the procedure within seven working days. The RRT will make a final decision on the auction winners after examining the received claims, and in the absence of them – after seven working days from the announcement of the preliminary auction results.
Another RRT auction is currently underway for the provision of 5G services using frequencies from the 713-733 MHz and 768-788 MHz radio frequency bands, which will be used mainly for effective coverage of less populated areas of Lithuania.
