Hungary invites bids for frequencies in 900MHz band

Telco

Hungary's National Media and Infocommunications Authority (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 is expected to 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.

ADVERTISEMENT

MNB Monetary Council Leaves Base Rate on Hold MNB

MNB Monetary Council Leaves Base Rate on Hold

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Visa Launches She’s Next Grant Program in Hungary Fintech

Visa Launches She’s Next Grant Program in Hungary

HIPA Awards 'Investors of the Year' Awards

HIPA Awards 'Investors of the Year'

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.