Hungary Frequency Sale Generates Almost HUF 131 bn
Budapest, September 29 (MTI) – Hungary’s National Media and Infocommunications Authority (NMHH) on Monday announced the sale of frequency licences for a total of 130.6 billion forints (EUR 420m).
The sale was expected to generate at least 104 billion forints.
All four bidders won bandwidth, with the three incumbents — Magyar Telekom, Telenor and Vodafone — taking the biggest blocks, as expected, and Digi Tavkozlesi coming away with a smaller allocation.
The licences are good until 2034.
The sale is expected to speed up mobile data transfer speeds and raise internet penetration, especially in disadvantaged areas, said NMHH chief Monika Karas.
Photo:Â antennaszerelo.shp.hu
Source: http://mtva.hu/hu/hungary-matters
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