Mobile devices Toolkit

News Burst: German auction beats UK record

Jane Wakefield ZDNet.co.uk

Published: 18 Aug 2000 09:37 BST

Six companies, including BT, emerged with German 3G licences Friday in what is now officially the world's most expensive spectrum auction.

In the auction £28bn was raised with each firm paying around £4.5bn each for their slice of the German 3G market. Alongside the 90 percent BT-owned Viag, the other winners were E-Plus Hutchison (a consortium made up of KPN, NTT and Hutchison), Group 3G (Sonera and Telefonica), Mannesman Multimedia, T-Mobil (the subsidary of Deutsche Telekom) and MobilCom Multimedia (part German and part France Telecom).

Read the full story.

Over twenty billion pounds was bid for the five third generation (3G) mobile phone Wireless Technology licences on offer from the British Government. Go to AnchorDesk UK with Tony Westbrook for the news comment.

What do you think? Are UMTS licence auctions a good way of raising money or do they drain mobile companies of crucial resources? Tell the Mailroom. And read what others have said.

Did you find this article useful?
37 out of 98 people found this useful

More In Mobile devices

Company/Topic Alerts

Create a new alert from the list below:

Related Jobs

APPLICATION SUPPORT FLUENT GERMAN SPEAKER - IMMEDIATE 35k

Great opportunity for an experienced Application Support Analyst to join my client who are a leading Energy client in their field based in Central ...

GERMAN speaking Application Support Analyst - Energy - RDBMS - 38k

Great opportunity for an experienced GERMAN SPEAKING Application Support Analyst to join my client who are a leading Enegy client in their field ...

Spanish/ French/ German / Voice Engineer/ PBX/ Cisco/ VOIP/ CCVP/40k

Spanish/ French/ German / Voice Engineer/ PBX/ Cisco/ VOIP/ CCVP/ Working directly for a global leading network vendor you will be primarily ...

Featured Talkback

Put simply, what is the compelling reason to pay ~$200 extra for an Eee with Windows XP? A Windows Eee won't come with any useful applications and you'll have to buy anti-virus software to boot. The truth about low cost computing is that nobody really cares whether the machine is running Windows or Linux as long as its cheap, its easy to use and it works.