TMN

Portugal Telecom, Sonaecom and Vodafone win in Portugal’s 4G auction

Portugal Telecom, Sonaecom and Vodafone Portugal have each won spectrum in Portugal’s LTE spectrum auction. Portugal Telecom and Sonaecom’s mobile phone units, TMN and Optimus, respectively, both announced that they had placed winning bids in three frequency bands. They each paid a total of €113 million for nine blocks; the minimum price set by the Portuguese telecommunications regulator, CMVM.

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