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France launches procedure for 5G licences

PARIS, Dec 17 (Reuters) - The French government said on Tuesday it had launched a procedure for the attribution of 5G frequency licences after it approved specifications proposed by the communications regulator and the financial conditions for the licences.

The government said in a statement it had fixed the price of a bloc of 50 MHz at 350 million euros ($386 million), and the price of an additional bloc of 10 MHz at 70 million euros.

$1 = 0.9073 euros Reporting by Bate Felix; editing by David Evans

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