Classifier Instance:

Anchor text: Germany
Target Entity: Germany
Preceding Context: Over 130 licenses have already been awarded to operators worldwide (as of December 2004), specifying W-CDMA radio access technology that builds on GSM. In Europe, the license process occurred at the tail end of the technology bubble, and the auction mechanisms for allocation set up in some countries resulted in some extremely high prices being paid for the original 2100 MHz licenses, notably in the UK and Germany. In
Succeeding Context: , bidders paid a total €50.8 billion for six licenses, two of which were subsequently abandoned and written off by their purchasers (Mobilcom and the Sonera/Telefonica consortium). It has been suggested that these huge license fees have the character of a very large tax paid on future income expected many years down the road. In any event, the high prices paid put some European telecom operators close to bankruptcy (most notably KPN). Over the last few years some operators have written off some or all of the license costs. Between 2007 and 2009 all three Finnish carriers begun to use 900 MHz UMTS in a shared arrangement with its surrounding 2G GSM base stations for rural area coverage, a trend that is expected to expand over Europe in the next 1–3 years.
Paragraph Title: Spectrum allocation
Source Page: Universal Mobile Telecommunications System

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