5G network auction winnings in Germany 2019, by provider

Amount paid at the 5G network auction in Germany in 2019, by telecommunications provider (in billion euros)

by Evgeniya Koptyug, last edited Aug 19, 2019
5G network auction winnings in Germany 2019, by provider This year’s 5G auction in Germany concluded with a sum total of over 6 billion euros in winnings for the German government. The money is paid by the four participating telecommunications providers listed in this statistic, with Deutsche Telekom spending the most at 2.17 billion euros.
What is 5G?

5G, which stands for “fifth generation”, is a cellular network system for broadband connection that is being eagerly supported internationally. Advantages in comparison to previous technology include faster latency (time between an order given to a device and its completion) and better bandwidth. Considering that Germany still has a lot of work to do in terms of improving its mobile internet speed in particular, it’s understandable why 5G is an issue occupying both providers and consumers alike. Current frequencies are expected to be exhausted and not fit to hold up to rising data volume exchanges, which is why the 5G auction was held among Germany’s leading telecommunication companies.

5G and the future

5G is hailed as being crucial for high quality, quicker mobile connectivity and improved network functions. While the enthusiasm from telecommunications providers is peaking, experts do warn that worldwide 5G coverage will take time, with global implementation expected to roll out in 2021. In Germany this might happen even later.
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Amount paid at the 5G network auction in Germany in 2019, by telecommunications provider (in billion euros)

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