Czechs axe 4G tender, says bids too high

2013-03-08 22:01
(Picture:AP)

(Picture:AP)

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Prague - The Czech CTU telecommunications watchdog said on Friday it had cancelled its first-ever auction of fourth-generation mobile frequencies, saying the bids it had received were too high and would mean overly high service costs for future consumers.

Offers that topped $1bn were "economically unrealistic" as customers would eventually have to pay for it, the CTU said in a statement.

The watchdog received bids from the country's three mobile operators - Telefonica, T-Mobile and Vodafone - and from PPF Mobile Services, a unit of the Czech financial group PPF.

"The high prices would have a negative impact, leading to excessive fees for high-speed mobile internet," said Pavel Dvorak, chairperson of the CTU.

Read more on:    czech republic  |  mobile
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