Hungary Calls Tender for 3,400-3,800 Megahertz Frequency Licences
12 Aprile 2016 - 2:33PM
Dow Jones News
By Margit Feher
BUDAPEST--Hungary called a tender Monday to auction mobile
frequency licences valid until 2034 in the 3,400 to 3,800 megahertz
spectrum to develop the country's mobile data network, the
country's communications authority NMHH said Tuesday.
The licences in the 3,400-3,600 MHz frequency band granted
earlier for a period of 15 years will expire July 30 this year
while there was market interest in the 3,600-3,800 MHz frequency
band, the NMHH said in a news release.
Three mobile service providers operate in Hungary: market leader
Magyar Telekom Nyrt. (MTELEKOM.BU), which is majority-owned by
Deutsche Telekom AG (DTE.XE), Telenor Hungary Zrt., a unit of
Norway's Telenor ASA (TEL.OS), and Vodafone Hungary Zrt., an arm of
U.K. mobile operator Vodafone Group PLC (VOD).
Bidders may submit their bids on Monday May 2.
The 3,400-3,800 MHz frequency spectrum offers an opportunity to
install high-density and high-speed broadband wireless networks to
expand existing mobile bands or could be used independently and
service the spectrum needs of 5G systems.
The 3,600-3,800 MHz frequency band, which hasn't been in use
until this auction, must be made available under a European Union
decision, subject to market demand, for wireless broadband firms
that are capable of providing services with high data transfer
speeds for subscribers, the NMHH added.
Hungary last auctioned mobile telecommunications licences in the
autumn of 2014, when it offered 800, 900, 1,800 and 2,600 MHz
frequencies.
Demand for broadband mobile services has been rising steadily
ever since, the authority added.
Write to Margit Feher at margit.feher@wsj.com
(END) Dow Jones Newswires
April 12, 2016 08:18 ET (12:18 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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