German spectrum auction gained some momentum today with new bids in the 800 megahertz band block according to Wall Street Journal.

German spectrum auction gained some momentum today with new bids in the 800 megahertz band block according to Wall Street Journal. 800 megahertz band is the most expensive and valuable spectrum.

On 24th day of the auction after 200 rounds, total bids stood at EUR3.53 billion. German mobile spectrum auction bids totaled EUR3.25 billion on day 23. 

The four operators [Vodafone, T-Mobile, E-Plus, and O2] are 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.

Visit Wall Street Journal for more details.