The government of Italy raised EUR 6.50 billion in an auction of 700 MHz, 3700 MHz, and 26 GHz spectrum for 5G usage. The total significantly exceeded the expected EUR 4 billion government forecast.
Winning bidders included Iliad Italia, Vodafone Italia, Telecom Italia, Fastweb, and Wind TRE.
700 MHz

26 GHz
Five lots in the 26 GHz band awarded: Telecom Italia won a lot for EUR 33 million; Iliad Italia won a lot for EU 32.9 million; Fastweb SpA won a lot for EUR 32.6 million; Wind 3 won a lot for EUR 32.5 million, and Vodafone Italia won a lot for EUR 32.6 million.
3700 MHz band
Telecom Italia won the specific lot (C1) of 80 MHz for EUR 1.694 billion; Vodafone Italia was awarded a generic lot of 80 MHz for EUR 1.685 billion; Wind 3 was awarded a generic lot of 20 MHz for EUR 484 million; and Iliad Italia won the second generic lot of 20 MHz for EUR 483.9 million.