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Telefonica Czech Republic as, Deutsche Telekom AG’s T-Mobile Czech Republic and Vodafone Group Plc’ Vodafone Czech Republic Win Auction of Radio Spectrum for 4G Mobile Data Networks - Reuters


Tuesday, 19 Nov 2013 11:32am EST 

Reuters reported that Telefonica Czech Republic as, Deutsche Telekom AG’s T-Mobile Czech Republic and Vodafone Czech Republic belonging to Vodafone Group Plc won an auction of radio spectrum for 4G high-speed mobile data networks in the Czech republic, the telecoms regulator said on Tuesday (November 19, 2013). The regulator, Cesky telekomunikacni urad (CTU), said two newcomers that had taken part in the sale, which raised CZK 8.5 billion (USD 420.44 million) for the country, did not gain licenses. CTU announced that Telefonica Czech Republic auctioned frequencies for CZK 2.802 billion while T-Mobile Czech Republic will pay CZK 2.614 billion and Vodafone Czech Republic CZK 3.113 billion.