Germany’s telecom regulatory body, the Federal Network Agency (BNetzA), announced that it is preparing to allocate frequencies for local 5G networks in the second half of this year. BNetzA said companies will be able to apply for spectrum in the 3.7-3.8 GHz band for use in industrial applications. Industrial firms Volkswagen, Daimler Siemens and BASF have all indicated interest in local 5G networks for automation and industrial IoT applications.