Netherlands raises $5 billion in frequency auction

Friday, December 14, 2012 - 14:31 in Mathematics & Economics

(AP)—The Dutch government says it has raised €3.8 billion ($5 billion) in an auction of its 4G high speed mobile Internet frequencies. Winning bids were submitted by Royal KPN NV, Vodafone PLC, Deutsche Telekom AG and Sweden's Tele2 AB.

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