With the use of the new frequencies MTel is connecting 450 4G base stations to the network at midnight on Friday, providing their subscribers with data transfer speeds up to 150 Mbps, the CEO said. By the end of 2015, the 4G coverage rate is expected to reach 93%, he added.
National Media and Infocommunications Authority (NMHH) head Mónika Karas presented the CEO with the frequency licences at the press conference. MTel announced in September that it would pay HUF 58.7 bln for the frequency packages and capitalize HUF 36.8 bln for the present value of the future annual band fees related to the frequencies.
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