Release of 11.09.2020

Securing and expanding the excellent frequency spectrum: A1 Telekom Austria Group acquires spectrum at auction for EUR 65.6 mn

A1 Telekom Austria AG, the Austrian subsidiary of the A1 Telekom Austria Group, has participated in the multi-band auction for the 700, 1500 and 2100 MHz frequency ranges in recent weeks, purchasing spectrum for a total of EUR 65.6 mn. A1 thus underscores its leading position, holds around 38% and thus the largest share of the total spectrum.

The 2100 MHz core band was secured and even expanded in the current auction. Supplemented by the existing leading position in the 800 MHz band and the newly acquired 1500 MHz band, this frequency allocation provides an excellent basis for future 5G applications and capacity expansions.


Auction

In an efficient auction, frequencies in the 700, 1500 and 2100 MHz range were auctioned off. The available frequencies were divided into 26 blocks of 5 and 10 MHz each.


Spectrum distribution

A1 bought at auction 30 MHz in the new 1500 MHz band and even increased its share in the important 2100 MHz band from 20 MHz to 25 MHz. In addition, a commitment was made to supply 349 highly rural communities. A1 thus makes an important, additional contribution to further strengthening rural areas.


Duration and financing

The new licenses are valid from 01.01.2021 with usage rights until 31.12.2044. The purchase price for the spectrum will be financed from current cash flow.


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.