Czech 4G mobile auction attracts five bidders.

By bne IntelliNews October 1, 2013

The Czech Telecommunications Office (CTU) said five companies have applied to participate in a tender for fourth-generation mobile frequencies by the Sept 30 deadline. The bidders are the three incumbent mobile companies - Deutsche Telekom's T-Mobile CR and the local units of Spanish Telefonica and UK's Vodafone as well as Revolution Mobile, a former unit of financial group PPF, and Tasciane AS, controlled by the KKCG group of entrepreneur Karel Komarek.

PPF Group, which was expected to participate in the auction, said it will not take part as the tender rules banned any new entrant from merging with another participant for 15 years. Instead, the group sold its unit PPF Mobile Services to its director Tomas Budnik and the company was then renamed to Revolution Mobile.  

CTU seeks to raise at least CZK 8.72bn from the tender that will enable the entry of a fourth player on the market as the regulator has stuck to plans to reserve spectrum for a newcomer despite protests by incumbents. CTU will auction 800 MHz, 1,800 MHz and 2,600 MHz frequencies for fast mobile networks LTE. Under the auction rules, CTU will allocate blocks of the 800 MHz band, the backbone for building a country-wide 4G network that enables faster mobile broadband access, and a space in the 1,800 MHz band for a new player to compete with the country’s three existing operators. The regulator cancelled in March the first LTE auction because the bids exceeded CZK 20bn and CTU feared that the high costs may trigger an unwanted jump in prices.

CTU said it expects the electronic auction to start on Nov 11.

Related Articles

Romanian software producer Bitdefender takes over French peer Profil Technology

Romanian security technology company Bitdefender has acquired its French peer Profil Technology as part of its expansion strategy on the corporate segment.  The terms of the deal were not ... more

Chinese fund to buy Hungarian telco Invitel

Central European private equity group Mid Europa Partners has agreed to sell Hungarian broadband and telephone provider Invitel to China CEE Investment Co-operation Fund. The deal values ... more

Chinese Zhejiang Jinke Entertainment Culture reportedly acquires Slovenia’s Talking Tom for €1bn

Chinese group Zhejiang Jinke Entertainment Culture Co has reportedly acquired entertainment company Outfit7, majority-owned by Slovenia's richest couple Samo and Iza Login, for €1bn, regional ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss