Magyar Telekom Tavkozlesi Nyrt Announces Development in Lawsuit Regarding Decision Closing 900 Mhz Frequency Auction

Wednesday, 17 Oct 2012 11:00am EDT 

Magyar Telekom Tavkozlesi Nyrt (Magyar Telekom) announced that the Curia suspended, until the conclusion of the judicial review procedure, the enforceability of the judgment of the Metropolitan Court in the lawsuit concerning the judicial review of the decision closing the auction for spectrum related to the provision of mobile telecommunications services in the 900 MHz frequency band. On March 12, 2012 Magyar Telekom filed a petition to Metropolitan Court, requesting annulations of the designation of the auction winner and certain relating requirements of the final decision. The Metropolitan Court, by its final judgment from September 17, 2012, annulled the entire decision closing the auction. This judgment is non-appealable; however, a judicial review of the judgment before the Curia is available. A request for judicial review of the Metropolitan Court’s judgment, and a request for the suspension of enforceability of the judgment, was filed with the Curia. In line with the suspension request, the Curia – by its order delivered to Magyar Telekom on October 17, 2012 – suspended the enforceability of the Metropolitan Court’s judgment until the conclusion of the judicial review process. This order of the Curia has no impact on the substance of the case; the Curia will decide on the substance of the case later on, as a result of the judicial review procedure. 

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