The auction of 3.5 GHz spectrum arranged by the Finnish Communications Regulatory Authority (FICORA) was concluded on 1 October 2018. The band 3410-3800 MHz was auctioned in 3 blocks (130 MHz each) with a spectrum cap of 130 MHz. The auction format was a Simultaneous Multiple Round Auction with Switching (SMRA+S). The winning operators are Telia Finland Oyj, Elisa Oyj and DNA Oyj. The auction generated EUR 77 605 000 in revenue to the state. Auctiometrix (together with Specure GmbH) advised FICORA on the implementation of the auction and provided the Electronic Auction System. More information on the auction process and the results can be found on the FICORA website.