Hungarys telecom regulator turns down appeal on mobile frequency tender.

By bne IntelliNews March 13, 2012
Hungary's National Communications Authority (NMHH) has turned down an appeal of the three mobile phone operators in the country regarding its decision to award a fourth mobile licence to a state-owned consortium, MTI news agency reported. Magyar Telekom, Telenor and Vodafone are disputing the consortium's rights to participate in the tender. A consortium of Hungary's state-owned public power utility MVM, development bank MFB and Magyar Posta won the tender for a 5MHz frequency block in the 900MHz band on January 31, offering to pay HUF 10bn (EUR 34.7mn). The three mobile companies can file a further appeal at the Budapest court within 30 days. Meanwhile, Magyar Telekom said in a statement it filed a petition with the Budapest Metropolitan Court.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335