Vodafone Türkiye has successfully acquired a total of 100 MHz of spectrum in today’s 5G auction, which was conducted by the Information and Communication Technologies Authority (‘ICTA’), for a total cost of US$627 million (€539 million).
The spectrum acquired is comprised of 2 x 10 MHz in the 700MHz band and 80 MHz in the 3.5GHz band and will be used by Vodafone Türkiye to drive the country’s digital transformation, with 5G services expected to be launched during 2026.
The spectrum will be available from April 2026 and has a licence duration of almost 17 years (expiring on 31 December 2042). Payments will be phased over three financial years1, with an initial instalment of US$209 million (€180 million) due in January 2026 and two further equal payments of US$209 million (€180 million) each due in December 2026 and May 2027 respectively.
In addition to the 5G auction, renewal terms for existing spectrum licences (due to expire in 2029) have been agreed. All operators will pay an annual licence fee (5% of mobile service revenue) to retain their existing spectrum holding from 2029 onwards, providing greater long-term certainty and helping to promote a healthier market environment.
Vodafone Türkiye’s spectrum holdings before and after the 5G auction is as follows:
Existing Holding | Purchased | Post-purchase and renewal terms | |
700 MHz | 2 x 10 MHz (Exp. 2042) | 2 x 10 MHz | |
800 MHz | 2 x 10 MHz (Exp. 2029) | 2 x 10 MHz | |
900 MHz | 2 x 12.4 MHz (Exp. 2029) | 2 x 12.4 MHz | |
1800 MHz | 2 x 10 MHz (Exp. 2029) | 2 x 10 MHz | |
2100 MHz | 2 x 15+5 MHz (Exp. 2029) | 2 x 15+5 MHz | |
2600 MHz | 2 x 15+10 MHz (Exp. 2029) | 2 x 15+10 MHz | |
3.5 GHz | 80 MHz (Exp. 2042) | 80 MHz |
1. All payments are interest free.
Notes
1. All Euro denominated figures are based on a US$:EUR exchange rate of US$1:€0.86
2. Amounts quoted do not include VAT.
For more information, please contact:
Investor Relations:
investors.vodafone.com
ir@vodafone.co.uk
Media Relations:
Vodafone.com/media/contact
GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679
About Vodafone
Vodafone is a leading European and African telecoms company.
We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world’s internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world’s largest IoT platforms, with over 215 million global IoT connections, and we provide financial services to around 92 million customers across seven African countries – managing more transactions than any other provider.
From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.
For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.
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