Bulgaria To Hold Auction for Radio Frequency Spectrum in 3.5 GHz Range

Bulgaria To Hold Auction for Radio Frequency Spectrum in 3.5 GHz Range

Bulgaria's telecoms regulator said it will hold an auction for the use of radio frequency spectrum in the 3.5 GHz range.

The Communications Regulation Commission (CRC) said in a statement it will offer at an auction with negotiated bidding scheduled for February 7 one frequency block of 42 MHz in the 3.5 GHz range intended for the provision of electronic communications through a network for broadband wireless access.

The licence will be issued for a period of 10 years.

The initial auction price is set at 4.2 million levs ($2.896 million/2.1 million euro).

Applications for participation in the auction can be submitted to CRC until 1700 Sofia time on January 17.

 

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