Hungary’s three mobile operators, Magyar Telekom, Telenor and Vodafone, and new entrant Romania-based Digi have all received mobile frequencies following a 4G auction in the country.
The four companies were the only bidders and will pay a combined…
Hungary’s three mobile operators, Magyar Telekom, Telenor and Vodafone, and new entrant Romania-based Digi have all received mobile frequencies following a 4G auction in the country.
The four companies were the only bidders and will pay a combined Ft130.6bn (US$529.6m) for the spectrum, the National Media and Communications Authority (NMIAH) said in a statement today.
Licences for the 4G frequencies – in the 800 MHz, 900 MHz, 1,800 MHz and 2,600 MHz bands – will be valid until 2034.
Deutsche Telekom-owned Magyar Telekom will spend Ft58.65bn (US$237.9m) for the spectrum while the local units of Telenor and Vodafone will pay Ft31.72bn (US$128.6m) and Ft30.2bn (US$122.5m), respectively.
Digi, a unit of RCS&RDS, Romania’s largest cable and satellite TV provider and a big telecoms player in Southeast Europe, will pay Ft10bn (US$40.5m) for frequencies to launch services in Hungary.
