Tele2 announced that it has secured 900 and 1800 MHz bands in an auction launched earlier this year in Lithuania. Tele2 which has 14 million customers in 9 countries will pay EUR 13.7 million for the spectrum.
The new licenses will ensure continued operations after 2017 when the current licenses expire. They will also contribute to higher quality and lower costs, due to the quality and price ratio that Tele2 has opted for, said Tele2 in a statement.
Allison Kirkby, President and CEO, Tele2 AB
This spectrum secures our highly successful business in Lithuania. It will also enable us to provide improvements in quality and entails a huge potential for further LTE and LTE Advanced development in a highly cost efficient way.
