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Expansion On Masorange’s Upcoming Spectrum Sale; Not A Spread Mover

COMMUNICATIONS


  • Expansion is reporting on an upcoming spectrum sale in the Spanish market; not a spread mover as the amount of bandwidth on offer shouldn’t cost a material amount.

  • Masorange must sell 30 MHz of 5G spectrum post-transaction; Telefónica can now only buy 20 MHz due to a spectrum-sharing deal with Digi, leaving 10 MHz for Vodafone-Zegona.
  • Masorange has until late August to sell the excess spectrum or return it to the state without compensation. Vodafone-Zegona may leverage Masorange's urgency for a discount, focusing on reducing costs.

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