Stock Exchange Bulletins
BackCorrection: Elisa successful in the Finnish LTE spectrum auction
ELISA STOCK EXCHANGE RELEASE 23 NOV 2009 AT 2.35pm
Elisa's stock exchange release stated incorrectly "50 GHz" which shoud be "total 50 MHz" as corrected below.
The auction for the LTE 2.6 GHz spectrum ended on 23 November 2009. LTE is the evolution for the third generation (3G) mobile network. Elisa won the competitive, total 50 MHz spectrum. The fee for the license is EUR 834,700. The license is valid until 2029.
LTE enables faster than current mobile broadband connections. LTE can be utilized either in the auctioned 2.6 GHz or in the lower 1800 MHz spectrum. Elisa has spectrums that can be utilised in appropriate technology. This enables determined long term service offering to our customers.
Mobile broadband speed can also be increased by upgrading the current 3G network. During past 12 months Elisa has updated its 3G network speed, which enables in average over double the speed that was available year earlier.
ELISA CORPORATION
Vesa Sahivirta
Director, IR and Financial Communications
tel. +358 50 520 5555
Distribution:
NASDAQ OMX Helsinki
Principal media
www.elisa.com