Plus   Neg

Telefónica Deutschland Secures Spectrum For 5G In Germany - Quick Facts

Telefónica Deutschland (TELDF.OB,TFTHF.OB) has received 90 MHz nationwide spectrum for the mobile radio standard 5G through to 2040. At the 5G frequency auction, the company acquired 2 paired blocks in the 2.1 GHz range and 7 unpaired blocks at 3.6 GHz for 1.425 billion euros.

"We achieved a good result in the auction and acquired a valuable frequency package that ideally complements our existing spectrum and will enable our ambition of being the Mobile Customer & Digital Champion for our customers also in the next 20 years. The new frequency equipment optimizes our network management, opens the way to new business segments," said Markus Haas, CEO of Telefónica Germany.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
South Korea's Hyundai Motor Co. announced its decision to suspend production at its Asan plant for two days starting on Monday due to a chip shortage amid the pandemic crisis, Reuters reported. The company is experiencing trouble in supply conditions for semiconductor parts for powertrain control units. The Asan factory manufactures 300,000 vehicles, including the Sonata and Grandeur sedans, each The U.S. Department of Health and Human Services is set to expand its Health Center COVID-19 Vaccine Program to include all HRSA-funded health centers. This will increase the total number of health centers that have been invited to join the program to 1,470 nationwide from the earlier 950. McDonald's Corp. is planning to hire 25,000 workers in its restaurants across Texas in April, reports said. In a three-day event from April 13 to 15, the fast-food chain is expected to hire for crew and management positions. During these hiring days, participating McDonald's restaurants in the state will be accepting applications and interviewing job seekers.
Follow RTT