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Vodafone Türkiye acquires 5G spectrum

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 HoldingPurchasedPost-purchase and renewal terms
700 MHz2 x 10 MHz (Exp. 2042)2 x 10 MHz
800 MHz2 x 10 MHz (Exp. 2029)2 x 10 MHz
900 MHz2 x 12.4 MHz (Exp. 2029)2 x 12.4 MHz
1800 MHz2 x 10 MHz (Exp. 2029)2 x 10 MHz
2100 MHz2 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 GHz80 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

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  • Corporate and Financial
  • 5G
  • Press Release

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