The Consumer Protection and Technical Regulatory Authority (Tarbijakaitse ja Tehnilise Jarelevalve Amet, TTJA) in Estonia has announced the winners of its 700MHz 5G spectrum auction. Incumbent cellcos Telia, Elisa and Tele2 all secured two 2×5MHz licences. The auction began on 8 November, with each of the six available licences carrying a starting price of EUR1 million (USD1.03 million). The process ended after three rounds of bidding, with Elisa offering EUR2.11 million, Telia agreeing to pay EUR2.01 million and Tele2 bidding the minimum EUR2.00 million for two concessions.
Licensees are obliged to cover 50% of every county within two years and 95% within four years, except for five counties where 700MHz coverage cannot be guaranteed due to interference from TV broadcasts in neighbouring Russia. In these counties operators can meet the 95% target using other frequency bands.
Source: https://www.commsupdate.com/articles/2022/11/15/incumbents-successful-in-estonian-700mhz-5g-auction/