Vodafone Spain has acquired 90 MHz of contiguous spectrum in the 3700 MHz band for mobile data services in a auction for a total cost of €198.1 million (USD$232 million).
Vodafone Spain said it will use the 3700 MHz spectrum to deploy 5G services, enabling Gigabit speeds and lower latency to enhance applications including connected vehicles and robotics, industrial automated systems, and virtual and augmented reality. The spectrum acquired has a twenty-year term.
Vodafone Spain's competitors, Telefonica and Orange were alson awarded 5G spectrum in the auction. Telefonica received 50 MHZ of 5G spectrum for 107 million euros and Orange received 60 MHZ for 132 million euros.