2.7 billion euros for the State at 5G auctions, Orange takes the stake

Illustration of the future 5G network.

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The state hoped to collect at least 2.17 billion euros at the end of these 5G auctions.

Bet won: the auction of the first 5G frequencies intended for French operators brought the total sum of 2.786 billion euros to the State, Orange obtaining the largest share of the "blocks" at stake, announced on Thursday the Arcep.

These auctions, postponed because of the coronavirus, began Monday at 9:30 am and should allow operators (Orange, SFR, Bouygues Telecom, Free) to acquire 11 “blocks” of frequencies that are unused today.

They pave the way for the first 5G services to be marketed in some cities at the end of the year.

… /… More information to come

• 5G

• Auction

• Orange

• Economy