Swisscom To Pay CHF360 Million In Swiss Mobile Frequency Auction
23 February 2012 - 8:19PM
Dow Jones News
Telecommunications company Swisscom AG (SCMN.VX) Thursday said
it has agreed to pay 360 million Swiss francs ($397 million) in the
mobile frequency spectrum auction for Switzerland.
"The mobile frequency auction was a success for Swisscom. The
company acquired spectrum for operation of the mobile network in
all of the preferred frequency ranges," the company said.
The wireless licences newly issued by the Swiss Communications
Commission will run until the end of 2028.
-By John Revill, Dow Jones Newswires; +41 43 443 8042 ;
john.revill@dowjones.com
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