The government is in line for a windfall from the sale of part of the radio spectrum.
The telecoms regulator ComReg will announce the results of an auction of the multi-band spectrum later today.
Parts of the radio frequency that are unused and parts that were used until analogue TV was switched off recently are up for sale.
The 800, 900 and 1,800 MHz bands are all included in the sale and the auction will offer the rights of use across the 3 bands for the period of 2013 to 2030.
ComReg says the bands "are suitable for advanced mobile services due to their propagation properties which allow for high-quality communication services".
This means they will allow mobile phone companies to provide a much faster internet service.
And Newstalk"s Business Editor Ian Guider says it will also give a much-needed boost to the State coffers as well.