Bulgaria to auction frequency licences to boost 5G rollout

SOFIA: Bulgaria’s telecoms regulator will auction on March 15 three frequency licences that will allow the development of 5G wireless networks in the Balkan country, it said late on Tuesday.

The Communications Regulation Commission said it would auction three, 20-year licences in the 3.6 GHz spectrum, each with an initial price of 4 million levs ($2.5 million).

“The auctions will be for licences with a national coverage for the use of bands in 3,500-3,600 MHz, 3,600-3,700 MHz and 3,700-3,800 MHz,” the regulator said in a statement.