ComCom: Magticom and Cellfie Mobile have Implemented 5G Internet in 2024

According to the 2024 Activity Report of the Communications Commission, last year ComCom held the second auction for the implementation of 5G mobile internet in Georgia. . As it is vitally important for the Commission to facilitate the implementation of new technologies, it took the request of operators into consideration and gave them the opportunity to participate in the second auction to implement 5G technology and provide customers with high-quality services. Magticom won last year’s auction, while the 2023 auction was won by Cellfie Mobile. Both operators are in the process of implementing 5G. 

The Commission announced an auction for 17 lots for the implementation of 5G technology. The lots in question were for the 700 MHz, 3410-3710 MHz and 2600 MHz frequency bands. In addition, 4 auctions were announced for licenses for the 800 MHz and 2100 MHz frequency bands. Magticom was the only participant in the 2024 auctions for the implementation of 5G internet. The company won 7 auctions at a total cost of GEL 149,025,808.00. 

The Communications Commission actively began working on introducing 5G technology in 2020 and determined the parameters and conditions necessary for the implementation 5G, taking into account the decisions of the European Commission and the experience of fellow European regulators. The Commission determined the price of the frequency resource with the involvement of experts from one of the Big Four accounting firms, EY. 

5G is a new generation of wireless internet technology that will significantly increase mobile internet speed compared to the existing technologies, reduce delays and take key sectors such as communications, healthcare, education, business, agriculture and infrastructure to a new level, which will in turn strengthen the country’s economy.