With the auction of spectrum licenses for 5G, or super fast mobile internet, the French government wants to raise at least 2.2 billion euros. That said the French State Secretary for Economic Affairs.
That amount is considerably higher than the recommendation of the French telecom regulator Arcep. He had advised a maximum price of 1.5 billion euros. The French telecom watchdog also took into account the high investments that telecom companies have to make in the rollout of 5G.
The French telecom market is dominated by four players: Orange, Bouygues Telecom, Iliad and subsidiary SFR of Altice Europe.