BRUSSELS, Belgium-Belgium awarded three Universal Mobile Telecommunications System licenses to each of the country’s three incumbent operators, bringing in about $419 million for the government. The prices raised from the auction were just at the minimum prices set by the government.
The auction ended after just one round, with only three bidders for four licenses. Mobistar and KPN Orange each paid $139.3 million, with the third license winner Proximus paying about $139 million.
Belgium originally had hoped to raise more than $1 billion from the sale. A Telef