August 4, 2011 / 3:31 PM / 8 years ago

Hungary invites bids for 900 MHz mobile frequency

BUDAPEST, Aug 4 (Reuters) - Hungary has launched an international auction to sell the right to use its 900 MHz mobile frequency for 15 years, the National Media and Infocommunications Authority said on Thursday.

The authority said it was inviting bids in a two-round auction for three frequency blocs in the 900 MHz range to provide GSM, IMT/UMTS, WiMAX or LTE services in the country of 10 million people.

The minimum bid for a 5 MHz EGSM duplex frequency bloc, or A bloc, is 4 billion Hungarian forints plus VAT in the first round of bidding, while other blocs are offered at a starting bid of 700 million and 560 million forints each.

The authority said potential buyers should submit applications on Oct. 20.

Hungary expects to conclude the tender on Dec. 12.

The three existing mobile phone service providers in the country are Magyar Telekom , a unit of Germany’s Deutsche Telekom (DTEGn.DE), Britain’s Vodafone , and Norwegian group Telenor ASA . (Reporting by Gergely Szakacs; Editing by Will Waterman)

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