Tele2 Invests €9.8 mn in Lithuania Spectrum Auction to Expand 5G Network Through 2042

Tele2 has strengthened its long-term mobile network strategy in Lithuania by securing new spectrum licenses in the 700 MHz and 1500 MHz bands while renewing its existing 2100 MHz spectrum in the latest auction conducted by the Communications Regulatory Authority of the Republic of Lithuania (RRT). The operator will invest €9.8 million in the spectrum acquisition, with €4.6 million scheduled for payment this year. The new spectrum assets will support Tele2’s ongoing 5G rollout and future network