Seven carriers set to bid in Italy 5G auction

|By:, SA News Editor

Italy has set up seven phone carriers for initial bidding in an auction of 5G spectrum by Sept. 10.

Incumbent Telecom Italia (TI +1%) is there, along with Vodafone (VOD +0.6%), Wind Tre (OTCPK:CKHUY +2%), Iliad (OTCPK:ILIAY), Fastweb, Linkem and Open Fiber.

And Iliad has expressed interest in a lot of 700 MHz reserved for it as a "remedy taker."

Source: Bloomberg

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