October 2, 2018 / 7:34 PM / in 13 days

Vodafone Italy spends 2.4 billion euros in 5G auction

LONDON (Reuters) - Vodafone Italy (VOD.L) said on Tuesday it had spent 2.4 billion euros (2.14 billion pounds) on new airwaves for 5G services auctioned by the Italian government.

FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS/Neil Hall/File Photo

Italy raised an overall 6.55 billion euros from the sale, the Industry Ministry said.

Reporting by Paul Sandle; Editing by Edmund Blair

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