Five companies register for mobile frequency auction

Three existing Czech mobile phone providers and two prospective newcomers have filed applications in a CZK 8.72 billion mobile-frequency auction aimed at boosting services and competition. According to the Czech Telecommunication Office, Telefonica Czech AS, T-Mobile Czech AS and Vodafone Czech Republic AS registered for the sale, as did Revolution Mobile AS, a former unit of Czech financial group PPF, and Tasciane AS. The auction was called to boost 4G high-speed data for mobile users and increase speeds through LTE, or Long Term Evolution, networks.

Author: Ian Willoughby