ADVERTISEMENT

Frequency tender winners to be announced Nov 22

Awards

Winners of a tender for frequencies in the 900MHz band will be announced on November 22, Márton Ilyés, department head at Hungary's National Media and Infocommunications Authority (NMHH), said at a press conference on Friday.

The NMHH on Thursday published a two-round international tender for 15-year frequency licenses in the 900MHz band.

A 5MHz "A" frequency block is being offered at a starting price of net HUF 4 billion. 1MHz "B" frequency blocks are being offered at a starting price of HUF 700 million apiece, and 0.8MHz "C" frequency blocks are being offered at a starting price of HUF 560 million.

Registrations to participate in the tender must be submitted by October 20, 2011. The participation fee is HUF 40 million plus VAT.

The tender will be closed on December 12, 2011.

Bidding will take place in the first phase of the tender. Blocks will be assigned in the second phase.

The winner of the "A" block will also get an option for three 1,800MHz blocks and three 2,100MHz blocks.

If the first round of the tender is closed without result, bids may again be submitted for the "A", "B" and "C" blocks in the second round.

Participants may win no more than a combined 7.8MHz in the band.

At present, the only mobile telecommunications service providers in Hungary are Deutsche Telekom unit Magyar Telekom, and the units of Telenor and Vodafone.

The almost 11 MHz of capacity on offer in the tender will ensure access to high-speed broadband mobile service for everybody across the country, said NMHH chief director Janka Aranyos Börcs. It will also boost competition on the market, she added.

The tender opens the door to a new player on Hungary's mobile market, one that is expected to have lots of capital as well as a stable and transparent ownership structure, said deputy chief director Gabor Kolláth. The winner of the 5MHz block will get a 50% discount off the usage fee for the frequency for four years, he added.

The winners of the frequencies may not sell them for three years from the time of their purchase and they are required to make investments.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.