Dow Jones Newswires reports that the Hungarian government has raised a total of HUF43.9 billion (USD197 million) from the auction of mobile frequencies in the 900MHz band. The regulator, the National Media and Infocommunications Authority (NMHH), held the tender to sell a 10.8MHz block of spectrum and today reports that a consortium led by state-owned electricity wholesaler MVM has won the ‘A block’, suitable for both internet and voice services, paying HUF10 billion. Further, the country’s three incumbent mobile carriers – Telenor (formerly Pannon), Vodafone and Deutsche Telekom-backed T-Mobile Hungary – each secured spectrum from parts of the ‘less valuable’ ‘B block’, which is better suited to provide mobile internet access in rural parts of the country.
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OVETEL Magyar mobile frequency auction raises USD197m
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