SKOPJE (N. Macedonia), November 26 (SeeNews) - North Macedonia's Agency for Electronic Communications launched an auction for the allocation of frequencies for 5G networks, it said.
The agency is offering three licences for the use of radio frequencies in the 700 MHz spectrum and seven in the 3 GHz band, it said in a notice on Thursday.
The agency plans to issue six licences for national coverage for a period of 15 years and four licences for regional coverage, which will be granted for a period of six years.
Starting prices for licences in the 700 MHz spectrum range from 2.75 million euro ($3.1 million) to 5.5 million euro, whereas prices for licences in the 3 GHz band start at 5,830 euro and reach 2.5 million euro.
The bidding process will close 35 days from the publication date.
Earlier this year, the agency received expressions of interest in licences for 5G frequencies from four telecommunication operators - Makedonski Telekom, A1 Makedonija, Neotel and Bitstream Mobile.
($ = 0.8877 euro)