News Column

Hungary seeks to raise at least EUR 343mn from sale of mobile frequencies

May 25, 2014

The Hungarian telecoms regulator National Media and Telecommunications Authority (NMHH) has launched a tender for the sale of available mobile data frequencies seeking to raise at leastHUF104bn(EUR342.5mn), the state body said in a statement.

NMHH will offer for sale unused frequencies in the 800 MHz and2600 MHz bands as well as available parts of the 900 MHz, 1800 MHz and 26 GHz frequency bands. It plans to award 20-year licences. The deadline for submission of bids expires on June 16, 2014.

The media authority noted that the 800 MHz and 2600 MHz frequency bands are made available for mobile services as new bands. Due to its favourable wave propagation characteristics, the 800 MHz band is specifically suitable for providing coverage in scarcely populated areas.

Frequency utilisation is expected to encourage competition among businesses and to accelerate the deployment of broadband networks. It is also part of the authority's long-term strategy for providing broadband mobile services virtually anywhere and to anyone in the country.

Currently, three mobile network operators are active in Hungary - T-Mobile, Telenor (formerly Pannon) and Vodafone which had a total of 11.55mn subscribers at the end of April 2014.

For more stories covering the world of technology, please see HispanicBusiness' Tech Channel

Source: IntelliNews - Weekly Reports

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters