Tuesday, 19 February 2013

Questions (469)

Michael Moynihan

Question:

469. Deputy Michael Moynihan asked the Minister for Communications, Energy and Natural Resources the amount of moneys raised by last November's multi-band spectrum auction that have been paid into the Exchequer; and if he will make a statement on the matter. [8512/13]

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Written answers (Question to Communications)

The management of the radio spectrum is a statutory function of the Commission for Communications Regulation (ComReg) under the Communications Regulation Act, 2002 as amended. ComReg recently announced the winning bidders of its Multi-band Spectrum Auction for the 800, 900 and 1800 MHz bands. I can confirm that ComReg transferred the amount of €450M, in respect of upfront fees accruing from its Multi-band Spectrum Auction, to the Exchequer on Friday, 14 December 2012. The remainder of the fees will be paid on an annual basis over the duration of the terms of the licences.