DNA Plc won the spectrum it pursued in the 700 MHz spectrum auction

DNA PLC STOCK EXCHANGE RELEASE 24 November 2016   The 700 MHz spectrum auction organised by the Finnish Communications Regulatory Authority concluded on Thursday, 24 November 2016. DNA Plc won the 2x10 MHz spectrum it pursued in the spectrum auction.   DNA's winning bid for the spectrum...
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London, (informazione.it - comunicati stampa - telecomunicazioni)
DNA PLC STOCK EXCHANGE RELEASE 24 November 2016 
 
The 700 MHz spectrum auction organised by the Finnish Communications Regulatory Authority concluded on Thursday, 24 November 2016. DNA Plc won the 2x10 MHz spectrum it pursued in the spectrum auction. 
 
DNA's winning bid for the spectrum totalled EUR 22 million. The licence fee will be paid in equal instalments during a five year period. The licence period is 17 years (1 February 2017 to 31 December 2033). 
 
DNA reinforces its mobile broadband operations in the 700 MHz spectrum. The new 700 MHz spectrum enables build-up of 4G capacity, particularly in sparsely populated areas.
 
The 700 MHz licence requires that an operator's 4G network covers 99 per cent of the population on mainland Finland within three years of the beginning of the licence period. DNA's 4G network already covers 99 per cent of the population primarily in the 1,800 MHz and 800 MHz spectrums.
 
DNA Communications 
Tel. +358 44 044 8000
 
Distribution:
Nasdaq Helsinki
Key Media
www.dna.fi 
 
 
DNA Plc is a Finnish telecommunications group providing high-quality voice, data and TV services for communication, entertainment and working. DNA is Finland's largest cable operator and the leading pay TV provider in both cable and terrestrial networks. For DNA, the key area for growth in corporate business is the new way of working, independent of time and place, facilitated by smart terminal devices, diverse communications services and rapid connections. In 2015, DNA's net sales were EUR 828.8 million and the operating profit was EUR 73.1 million. DNA has more than 3.8 million subscriptions in its fixed and mobile communications networks. The Group also includes DNA Store, Finland's largest retail chain selling mobile phones. For further information, visit www.dna.fi or follow us on Twitter @DNA_fi, @DNA_Business and @DNA_Palvelu and Facebook. 



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DNA Oyj via Globenewswire

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