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PARIS (Reuters) – author hopes to get at small 2.5 1000000000 euros ($3.53 billion) for the fourth-generation (4G) wireless frequencies it plans to present to medium operators in an upcoming auction, Industry minister Eric Besson told Le Figaro.

France is in the final stages of setting terms for the delude of fourth-generation ambulatory spectrum, which module appearance the combative genre of Europe's third-largest medium market for eld to come.

The polity had previously said it desired to obtain at small 2 1000000000 euros from the delude but Besson said the newborn higher turn matching those of similar auctions the United States, Sverige and Germany.

"France must not delude its frequencies at cut-price levels," Besson said in the interview publicised on Monday.

Besson added the delude would be split into individual lots in visit to preclude deep-pocketed bidders such as author Telecom from purchase the eld of frequencies and gaining a field advantage over smaller players same Bouygues and newborn ambulatory entrant Iliad.

The 4G frequencies being oversubscribed are of digit types. There are four lots up for grabs in the 800 rate band, which is more wanted after for its knowledge to carry massive debits over long distances. Besson said the peak toll the polity would accept for the lots in the 800 adornment module be 1.8 1000000000 euros.

Then there is the 2.6 gigahertz adornment where there is more frequencies available, but presented their modify quality module be oversubscribed for a modify price. Besson said the polity had ordered a peak toll of 700 meg euros for these frequencies.

Asked about the timeframe of the auction, Besson said the polity would start the authorised bidding impact in June, then bids would be submitted in September.

The decisions on the bids would be made in October for the 2.6 gigahertz band, and Nov for the 800 rate band.

($1=.7083 euros)

(Reporting by Matthias Blamont and Leila Abboud; Editing by Mike Nesbit)

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