Hungarys govt drops plan for state-run fourth mobile operator - report.

By bne IntelliNews November 13, 2012
The Hungarian government has abandoned its plans to pursue making the state-owned MPVI Mobil the country's fourth mobile operator, daily Nepszabadsag reported, quoting unnamed sources. MPVI Mobil, set up by three state-run companies - power utility MVM (45% share), development bank MFB (45% share) and Magyar Posta (10% share), won a tender for a 5MHz frequency block in the 900MHz band in January 2012. The tender was appealed by the country's three other cell phone operators, Magyar Telekom, Telenor and Vodafone. The appeals were rejected by the country's competition regulator, but in September, the Budapest Metropolitan Court annulled the results from the frequency tender, saying the existing regulations at the time of the tender did not allow a state-owned company to participate in the bidding. The government has written off the project, according to Nepszabadsag's sources, who said that MVM had doubts about the financial sustainability of the project and would prefer to focus on establishing a railway telecommunications network. MPVI Mobil had earlier announced plans to launch services in the capital Budapest by end-2012.
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