Spain’s 700MHz spectrum auction has been a long time coming. The auction was first planned to take place in early 2020 but, as was the case in so many markets around the world, the onset of the coronavirus pandemic saw these plans delayed. Since then, disputes over price and conditions related to the spectrum licences saw the process delayed even further.
In response, in May, the regulator lowered the reserve prices on the spectrum by 15%, as well as removing obligations to grant third…
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