New and renewed licenses for MTel’s Montenegrin unit
Magyar Telekomʼs Montenegrin unit has had its frequency licenses extended until 2031 on several frequency bands, as well as being granted new frequency blocks, for a total of more than €27 million, Magyar Telekom announced on the Budapest Stock Exchange (BSE) website today, according to Hungarian news agency MTI.
Crnogorski Telekom AD Podgorica was granted the right to use the new frequency blocks for 15 years. The price of the frequency usage rights renewal is €7.3 million, while the one-off license fee for the new spectrum licenses is €20 million, MTI added. The combined €27.3 million licensing fee was paid in August 2016.
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.