Belgium Auctions 5G Licences For 1.2 Bilion Euros

Telecoms regulator says mobile operators in Belgium have bid 1.2 billion euros for fifth-generation mobile licences. <br />The regulator says proceeds from the auction, which attracted bids from five operators, were 468.5 million euros higher than the minimum price. <br />The Belgian regulator cleared the five entrants to the auction in March, after the government said it would encourage a new entrant on the market to increase competition with the largest operators Proximus, Orange Belgium and Telenet’s BASE.