Turkey’s 5G Auction Set to Drive Billion-Dollar Carrier Spending

Turkey is set to hold its first 5G spectrum auction on Thursday, which is expected to generate at least $2.13 billion in revenue. This auction marks a significant milestone for the country's 5G deployment and is likely to trigger a new wave of network investment by its mobile carriers. The auction will offer frequencies in the 2.6 GHz, 3.5 GHz, and 26 GHz bands, which are crucial for the rollout of 5G technology. With the increasing demand for high-speed and reliable connectivity, this auction is expected to drive the country's mobile operators to invest heavily in upgrading their infrastructure and expanding their 5G coverage. The successful completion of the auction will position Turkey as a key player in the global 5G landscape and could potentially attract further foreign investment in the country's telecommunications sector. This move is seen as a strategic step towards enhancing Turkey's digital competitiveness and improving the overall quality of its telecommunication services.