Tuesday, February 09, 2016
MTS won a spectrum auction today in Russia and has gained a lot in the 2.6 Ghz frequency range to provide services on the LTE-TDD standard. The spectrum block is valid throughout Russia and will be used to strengthen LTE network capabilities. The results of the tender give MTS a 25MHz block in the 2.6 GHz range, which we currently use to provision service primarily for USB modems, tablets and certain smartphone devices.
The total cost of the spectrum was RUB 4.0 bln. The license is valid for 10 years.