Release of 16.04.2021

A1 Telekom Austria Group acquires spectrum for EUR 42.4 mn in Slovenia

Vienna, April 16, 2021: Today, the A1 Telekom Austria Group (VSE: TKA, OTC US: TKAGY) informs that the spectrum auction in Slovenia for the bands 700 MHz, 1.4 GHz, 2.1 GHz, 3.6 GHz and 26 GHz has been completed. A1 Slovenia has acquired spectrum of: 2x10 MHz in 700 MHz, 1x40 MHz in 1.4 GHz, 2x15 MHz in 2.1 GHz, 1x100 MHz in 3.6 GHz and 1x400 MHz in 26 GHz bands for a total of EUR 42.4 million. The frequencies allocations are valid for 15 years.

The auction was held in SMRA (Simultaneous Multi-Round Auction) format.

Through the acquisition of the frequency asset, A1 Slovenia will be able to further enhance and create extended user experience for existing and future customers, who are looking forward to enhanced, 5G based, high-speed, ultra-reliable and low latency services for residential and business customers. The rollout and further development of the powerful A1 network will support the digitalization of the Slovenian society, who will benefit from exciting new services like autonomous driving, e-health, Cloud Gaming and the development toward the Industry 4.0 in the future.

The purchase price for the spectrum will be payable within the next few weeks. A1 Telekom Austria Group will finance the spectrum acquisition from the current cash flow.

 

Best regards,

A1 Telekom Austria Group Investor Relations

For further information please see the following link:

https://www.a1.group/en/ir/ir-news


Disclaimer for forward-looking statements:
This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.