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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  GlobalData Plc    DATA   GB00B87ZTG26

GLOBALDATA PLC

(DATA)
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GlobalData : Portugal's telecom regulator to auction frequency bands for 5G before June, says GlobalData

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03/20/2020 | 10:53am EDT

With Portugal's regulator ANACOM planning to allocate 5G spectrums in 2020 and major mobile network operators (MNOs) such as NOS and Vodafone Portugal already engaged in technical trials, GlobalData, a leading data and analytics company, expects commercial 5G to launch in 2020.

GlobalData's report, 'Portugal Mobile Broadband Forecast', reveals that Portugal's mobile 5G subscriptions will reach 5.3 million by 2024.

Tomasz Kulinski, Senior Technology Analyst at GlobalData, comments: "The range of frequencies offered is currently an essential range used globally in 5G network launches. Sub-1GHz frequencies such as the 700MHz band are useful for achieving widespread coverage. The 1-6GHz bands provide balanced benefits for coverage and bandwidth, as the latter grows with higher frequencies."

The upcoming auction will also cover spectrum in bands such as 900MHz, 1800MHz, 2.1GHz and 2.6GHz, which are beneficial not only for 5G services, but also for the provision of mobile broadband services on the other technology generations.

Kulinski adds: "The allocation of the 700MHz band requires a migration of digital terrestrial TV (DTT), which currently occupies these frequencies, to new frequency bands. In December 2019, ANACOM signed an agreement with the National Association of Councils (Associação Nacional de Freguesias - ANAFRE) to support local communities' DTT migration to new band of frequencies, in order to release the 700MHz band for 5G services. The migration will be completed by 30 June 2020."

ENDS

For more information

Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: +44 (0)207 832 4399

Asia-Pacific: +91 40 6616 6809

Email: pr@globaldata.com

For expert analysis on developments in your industry, please connect with us on:

GlobalData | LinkedIn | Twitter

Notes to Editors:

Quotes provided by Tomasz Kulinski, Senior Technology Analyst at GlobalData

Information based on GlobalData's report: Portugal Mobile Broadband Forecast

ANACOM plans to carry out the allocation of spectrum resources in the 700MHz, 900MHz, 1.8GHz, 2.1GHz, 2.6GHz and 3.6GHz bands before June 2020. These key frequencies for mobile broadband services will be assigned based on the auction procedure.

About GlobalData

4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (GBP)
Sales 2020 186 M
EBIT 2020 48,8 M
Net income 2020 23,0 M
Debt 2020 35,1 M
Yield 2020 1,58%
P/E ratio 2020 59,7x
P/E ratio 2021 45,0x
EV / Sales2020 6,99x
EV / Sales2021 6,54x
Capitalization 1 268 M
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