1&1 grabs German 5G deal with Vantage Towers

Back in 2019, Germany held its first 5G spectrum auction, an event noted for its high prices and,  more importantly, the potential entrance of a fourth national mobile operator in the form of data centre specialist 1&1 Drillisch. 1&1, which has operated as a mobile virtual network operator for numerous years via a deal with Telefonica, spent €1.1 billion on spectrum at the auction, acquiring a 5MHz block in the 2GHz spectrum band and five blocks of 10MHz in the 3.6GHz ban