Telia Company invests in frequencies in the 700 MHz and 900 MHz bands

The Danish Energy Agency today announced the results of the 700 MHz, 900 MHz and 2300 MHz multiband auction. Telia Company secured frequencies in the 700 and 900 MHz bands.

The frequencies are acquired through the TT Network - the infrastructure company of which Telia Company owns 50 percent – which is responsible for operating and developing the Radio Access Network.

Telia Company has secured access to 2x5 MHz in the 700 MHz band. The price for the new frequencies is DKK 107.6 million.

In the 900 MHz band, Telia Company has acquired 2x10 MHz at no upfront cost but against a roll-out commitment. The licenses granted are valid for 20 years for the 700 MHz band and 15 years for the 900 MHz band.

TT Network
Telia Company and Telenor jointly own the TT network which is Denmark's largest mobile network with more than 4,300 antenna positions. The network has more than 3.5 million mobile users and includes both 2G, 3G and 4G technologies.

During the second quarter of 2019, Telia Company together with Nokia, will begin the first Danish 5G live tests in the TT-network.

For more information, please contact our press office +46 771 77 58 30, visit our
Newsroom or follow us on Twitter @Teliacompany.

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Telia Company.

We’re Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world’s most connected regions. With a strong connectivity base, we’re the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 - on their terms. Headquartered in Stockholm, the heart of innovation and technology, we’re set to change the industry and bring the world even closer for our customers.