The state is set to raise over 850-million euro from the sale of part of the radio spectrum.
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The telecoms regulator ComReg says the sale of unused parts of the spectrum, along with the old analogue signal, will net the exchequer 450-million euro this year – and another 400-million over the next few years.
Mobile phone companies are paying the money to allow them develop next generation high-speed mobile broadband.
The Communications Minister Pat Rabbitte says it’s a vote of confidence in the Irish economy:
