The Swedish Post and Telecommunications Authority has concluded the auction of spectrum in the 2.6 GHz band. This auction is regarded as key to the nexgen of mobile technology. Telenor Sweden was awarded a license for 2×20 MHz in the auction, granting Telenor substantial opportunities to provide 4G services and high-quality mobile broadband. The license is valid for 15 years and is technology neutral. Unlike with the existing 3G license, there are no requirements on geographic coverage or time for roll-out. Telenor has invested a total of 533 million SEK in the licenses.
“This is the most important spectrum auction since the 3G frequencies were distributed, and I’m very pleased that Telenor Sweden now holds this opportunity to build high-quality 4G networks and provide our customers with the many possibilities provided by next generation mobile services and Long Term Evolution (LTE) technology. With this spectrum, we will be able to provide high-quality mobile broadband with speeds of up to 300 Mbit/s, a major leap forward in the mobile race,” said Johan Lindgren, CEO of Telenor Sweden. Norway and Sweden are the first two countries to assign licenses in the 2.6 GHz band for 4G. In November 2007, Telenor was granted a 4×20 MHz license in the Norwegian auction—Stockholm, Sweden


