Frances's 5G spectrum will be sold at a floor price of 2.17 billion euros (...
French Junior Economy Minister Agnes Pannier-Runacher poses after an interview with Reuters in Paris, France, October 15, 2019. REUTERS/Benoit Tessier
Wary of the heavy investments needed for the deployment of the new mobile technology, Arcep’s president Sébastien Soriano said earlier this week that the minimum price for the sale of the spectrum should not be higher than 1.5 billion euros.“The floor that we’re proposing seems reasonable to us,” Junior Economy Minister Agnès Pannier-Runacher told French newspaper Les Echos. “It’s up to the government to assume its responsabilities and decide.
Disagreements between the finance ministry and the telecoms authority over the spectrum to be auctioned and the minimum price for the 5G frequency blocs postponed the process, two sources close to the matter told Reuters this week.
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