Germany’s mobile spectrum auction ended today netting a total of EUR4.38 billion. This amount is considerably less than analysts had expected.

Germany’s mobile spectrum auction ended today netting a total of EUR4.38 billion. This amount is considerably less than analysts had expected. German network regulator Bundesnetzagentur and analysts had expected the auction to reach up to EUR8 billion

Deutsche Telekom AG (DT), Vodafone Group PLC (VOD) and Telefonica SA’s (TEF) O2 secured two 10 megahertz blocks, each in the 800 MHz band according to report.

According to the German network regulator, Vodafone paid EUR1.42 billion for a total of 12 spectrum blocks, Telefonica paid EUR1.38 billion for 11 blocks, Deutsche Telekom EUR1.3 billion for 10 blocks and E-Plus EUR283.6 million for 8 blocks.

Four operators  were bidding in frequency auctions in the ranges 800 MHz, 1.8 GHz, 2 GHz and 2.6 GHz. The regulator is offering a total of 41 frequency blocks across the four frequency bands, which are expected to be used for LTE network deployments.