National telecoms regulator the Czech Telecommunication Office (CTU) has received four bids for its upcoming auction of mobile frequencies suitable for 4G Long Term Evolution (LTE) technologies. The companies to have submitted applications include the three incumbents – T-Mobile Czech Republic, Telefonica O2 CR and Vodafone Czech Republic – and a possible new market entrant, local financial firm PPF Group’s subsidiary PPF Mobile Services. The CTU is confident that the auction will generate ‘billions of crowns’ for state coffers, as well as from the ongoing annual fees licensees will be required to pay for using the frequencies
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OVETEL CTU confirms four bidders in 4G mobile frequency auction
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