£129m for 4G in Ireland

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MOBILE operator Vodafone has paid 161 million euros – £129m – for fourth-generation spectrum in Ireland which will enable it to offer faster services in the country, it said yesterday.

Ireland said the auction of 4G licences would raise 855 million euros over their life, including annual usage fees, a welcome boost to the country’s struggling finan-ces.

Mobile operators Eircom-owned Meteor Mobile, Hutchison Whampoa’s Three, Telefonica Ireland and Vodafone Ireland secured the licences, which will run until 2030.

Both Meteor and Vodafone were awarded 12 packages of spectrum, while Telefonica paid 125 million for 10 packages.