Hungary New State Telco Launch To Be Postponed On Appeal -Report
February 20 2012 - 3:30AM
Dow Jones News
The launch of the fourth, state owned mobile firm in Hungary
will likely be postponed following an appeal by one or more of the
contestants at a frequency tender, business daily Vilaggazdasag
reported Monday.
The national authority closed the mobile spectrum tender Jan.
31, where it announced it would sell frequency blocks to the three
existing mobile firms and also to a newcomer, a state
consortium.
Mobile phone companies that currently operate in
Hungary--Norway's Telenor ASA (TEL.OS), the U.K.'s Vodafone Group
PLC (VOD) and Magyar Telekom Nyrt. (MTELEKOM.BU), owned by
Germany's Deutsche Telekom AG (DTE.XE)--were awarded parts of the
frequency band on offer in the less valuable B block, best suited
for Internet services in rural areas.
The state consortium, led by power firm MVM Zrt. was declared
the winner in the A block, which covers a frequency range suitable
for both Internet and voice services.
The state firm will only be able to start building its network
in April at the earliest, instead of February, Vilaggazdasag said,
due to the appeal. The company nevertheless must have its own
network in Budapest by the end of the year. The daily didn't reveal
which part of the decision the bidders contested.
Newspaper website: www.vilaggazdasag.hu
-Budapest Bureau, Dow Jones Newswires; +361-267-0623
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