Telefnica invests 3000 million in 5G auctions

In the past three years, the company has allocated 3,065 million euros for the purchase of 5G frequencies in its four main markets and in Chile.

Telefnica has committed around €3,065 million to acquire dedicated frequencies for the 5G band in the past three years in its four main markets (Spain, Germany, Brazil and the United Kingdom, which are responsible for 78% of revenue).