SharePoint2019 Licensing

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Occasional Visitor

Hi everybody, I've a quick question about OnPrem licensing.

The prospect already has M365 licenses (I think Microsoft 365 Business Basic) with SharePoint included, but wants his documents to stay in house (yes, I tried to convince but... old mentality). Are these M365 licenses good for installing SharePoint 2019 On Prem? I think yes, at least in an Hybrid architecture, but what about in a completely on prem scenario?

Kind regards

Michele

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