May 17, 2018 / 8:20 AM / in a year

Deutsche Telekom urges affordable terms for 5G spectrum auctions

BONN, Germany, May 17 (Reuters) - Deutsche Telekom appealed on Thursday for Germany to auction frequencies for fifth-generation mobile services on reasonable terms to ensure that there is enough money left over to invest in infrastructure.

“We can only spend each euro once - either on spectrum or network build-out. My suggestion would be: on buildout,” CEO Tim Hoettges said in a speech to the company’s annual shareholders meeting. (Reporting by Douglas Busvine Editing by Arno Schuetze)

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