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TELIA - Telia AB News Story

SEK36.55 0.7  1.9%

Last Trade - 12/05/21

Sector
Telecoms
Size
Large Cap
Market Cap £12.47bn
Enterprise Value £20.84bn
Revenue £7.53bn
Position in Universe 55th / 1836

BRIEF-Telia Company Invests In New 5G Frequencies In Finland

Mon 8th June, 2020 1:19pm
June 8 (Reuters) - Telia Company AB  TELIA.ST :
    * TELIA COMPANY INVESTS IN NEW 5G FREQUENCIES IN FINLAND
    * TELIA IN FINLAND HAS SECURED AN 800 MHZ FREQUENCY BLOCK ON
26
GHZ BAND
    * LICENSES FOR 26 GHZ BAND ARE VALID FOR THIRTEEN YEARS
STARTING
FROM JULY 1, 2020
    * PRICE FOR NEW FREQUENCY BLOCKS IS EUR 7 MILLION INCLUDING
ADMINISTRATIVE FEES FOR AUCTION
    * PAYMENT TO TRAFICOM WILL BE MADE IN FIVE INSTALLMENTS OVER
A
FIVE-YEAR PERIOD

Source text for Eikon:  ID:nWkr8WYvj4 
Further company coverage:  TELIA.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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