Spain doubles 5G licences to 40 years
April 27, 2021
The Spanish governemnt has revealed it will double the duration of radio frequency licences, including for 5G networks, to 40 years in future auctions.
The change in legislation comes in order to allow telcos and investors better visibility on their investment in the heavily indebted sector, which requires high levels of spending to build infrastructure such as fibre optic networks, according to Reuters.
“Extending the duration of these concessions (is) a way of guaranteeing stability, predictability and adequate return on investment for the operators,” the economic and digital affairs ministry said following approval by a council of ministers.
Other posts by :
- AST SpaceMobile boss outlines benefits
- Report: LEO build-out accelerates
- Germany outlines space commitment
- Analysis: Impact of AT&T on US telcos and cable
- Bezos rocket production boosted
- Musk delays Moon landing until 2027
- Hughes Satellite facing cash crunch
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt