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Sweden: hammer falls on 2.6GHz auction
After 112 bidding rounds over 16 days, the auction of 2.6GHz spectrum in Sweden has came to a close, raising SEK2.1bn ($350m).
Intel Capital Corporation was among the five licence winners, acquiring 50MHz (TDD) spectrum for SEK159.2m ($26.5m).
According to local press reports, Intel is looking for partners to build and operate a WiMAX network. Intel says it will rent out the licence to its partners rather than sell it.
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Friday, May 09, 2008
