OREANDA-NEWS. Vodafone Greece has acquired spectrum in the 800 MHz band and 2600 MHz band following the auction coordinated by EETT, the national regulatory authority for the telecommunications and postal services market. The total amount payable is €124.5m and the spectrum licences are for 15 years.

Vodafone will utilise the spectrum acquired, along with the spectrum it holds in the 1800 MHz band, to expand its geographical 4G coverage as well as further enhance its indoor 4G signal quality.

Vodafone Greece CEO and Chairman Glafkos Persianis said: "This investment in spectrum enables us to increase our coverage and deliver faster, more reliable communications to our customers."

Vodafone is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 52 more, and fixed broadband operations in 17 markets. As of 30 June 2014, Vodafone had 436 million mobile customers and 9 million fixed broadband customers.