Finland auctions new 4G spectrum

HELSINKI Thu Jan 24, 2013 8:26am GMT



HELSINKI Jan 24 (Reuters) - Finland will auction new fourth-generation wireless licences on Thursday, the government said.

The government estimates it will receive at least 100 million euros ($133 million) for the 20-year licences.

The 800 MHz frequency band is valuable because it allows mobile signals to travel long distances. ($1 = 0.7530 euro) (Reporting by Terhi Kinnunen; Editing by Dan Lalor)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.