Elisa successful in the Finnish 26 GHz 5G spectrum auction
ELISA INVESTOR NEWS RELEASE 8 JUNE 2020 AT 2:13 PMThe Finnish auction for the 26 GHz spectrum ended on 8 June 2020. Elisa won 800 MHz of spectrum according its target. The new spectrum is used to expand Elisa's 5G network. The fee for the license is EUR 7 million and it will be paid in five annual installments. The license is valid from 1 July 2020 to 31 December 2033. The license fee has no impact on Elisa's financial position nor profit distribution capabilities. Elisa is known as a forerunner in 5G and was the first in the world to open 5G network in Tampere in 2018. Commercial