Bids for Turkish 4G license tender due by May 26

ANKARA

REUTERS Photo

The deadline for bids in Turkey’s 4G license tender has been set for May 26, the information and communications technologies authority (BTK) said in a statement on April 10.

In the tender, 20 separate frequency segments will be sold at a minimum value of around 2.3 billion euros ($2.45 billion).

The successful bidders could pay the price at once or in four equal installments every six months, plus interest, according to a decree from the cabinet published in the Official Gazette on March 18.

The 4G auction will be at frequencies from 800 MHz to 2,600 MHz in 20 segments.

The BTK has said before that it would tender the 800, 900, 1800, 2100 and 2600 MHz bandwidths, providing consumers with “at least 10 times higher speed.”

Turkish authorities said in March that the aim was for at least 90 percent of the population to be included within 4G coverage in the next six years.