REG - Vodafone Group Plc - VODAFONE TÜRKİYE ACQUIRES 5G SPECTRUM

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RNS Number : 7120D  Vodafone Group Plc  16 October 2025

16 OCTOBER 2025

 VODAFONE TÜRKİYE ACQUIRES 5G SPECTRUM

Vodafone Türkiye has successfully acquired a total of 100 MHz of spectrum in
today's 5G auction, which was conducted by the Information and Communication
Technologies Authority ('ICTA'), for a total cost of US$627 million (€539
million).

The spectrum acquired is comprised of 2 x 10 MHz in the 700MHz band and 80 MHz
in the 3.5GHz band and will be used by Vodafone Türkiye to drive the
country's digital transformation, with 5G services expected to be launched
during 2026.

The spectrum will be available from April 2026 and has a licence duration of
almost 17 years (expiring on 31 December 2042). Payments will be phased over
three financial years(1), with an initial instalment of US$209 million (€180
million) due in January 2026 and two further equal payments of US$209 million
(€180 million) each due in December 2026 and May 2027 respectively.

In addition to the 5G auction, renewal terms for existing spectrum licences
(due to expire in 2029) have been agreed. All operators will pay an annual
licence fee (5% of mobile service revenue) to retain their existing spectrum
holding from 2029 onwards, providing greater long-term certainty and helping
to promote a healthier market environment.

Vodafone Türkiye's spectrum holdings before and after the 5G auction is as
follows:

           Existing Holding           Purchased               Post-purchase and renewal terms
 700 MHz                              2 x 10 MHz (Exp. 2042)  2 x 10 MHz
 800 MHz   2 x 10 MHz (Exp. 2029)                             2 x 10 MHz
 900 MHz   2 x 12.4 MHz (Exp. 2029)                           2 x 12.4 MHz
 1800 MHz  2 x 10 MHz (Exp. 2029)                             2 x 10 MHz
 2100 MHz  2 x 15+5 MHz (Exp. 2029)                           2 x 15+5 MHz
 2600 MHz  2 x 15+10 MHz (Exp. 2029)                          2 x 15+10 MHz
 3.5 GHz                              80 MHz (Exp. 2042)      80 MHz

 

1.     All payments are interest free.

 

Notes

1.   All Euro denominated figures are based on a US$:EUR exchange rate of
US$1:€0.86

2.   Amounts quoted do not include VAT.

 

- ends -

 

 

 For more information, please contact:
 Investor Relations:  i (https://investors.vodafone.com) nvestors.vodafone.com  ir@vodafone.co.uk (mailto:ir@vodafone.co.uk)  Media Relations:  Vodafone.com/media/contact (https://Vodafone.com/media/contact)  GroupMedia@vodafone.com (mailto:GroupMedia@vodafone.com)
                      (https://investors.vodafone.com)
 Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14
 2FN, England. Registered in England No. 1833679

 

About Vodafone

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks
in 15 countries with investments in a further five and partners in over 40
more. Our undersea cables transport around a sixth of the world's internet
traffic, and we are developing a new direct-to-mobile satellite communications
service to connect areas without coverage. Vodafone runs one of the world's
largest IoT platforms, with over 215 million global IoT connections, and we
provide financial services to around 92 million customers across seven African
countries - managing more transactions than any other provider.

From the seabed to the stars, Vodafone's purpose is to keep everyone
connected.

For more information, please visit www.vodafone.com
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