Hungary’s Nationwide Media and Infocommunications Authority (NMHH) just lately held an public sale for the entitlement to make use of the 32 GHz frequency band. The public sale noticed energetic participation from main telecom firms, together with Magyar Telekom, Vodafone Hungary, and CETIN Hungary.
Additionally Learn: Magyar Telekom Expands 5G Protection to 60 % of Hungarian Inhabitants
The taking part firms collectively bid a complete of HUF 970 million for the spectrum auctioned, which will probably be legitimate for a interval of fifteen years. The public sale marks a pivotal second as it’s the first time candidates had been capable of apply electronically and bid for the heaps, ranging from the preliminary bid worth specified within the documentation.
NMHH Auctions 32 GHz Frequency Band Entitlements
In response to NMHH, the public sale process, which commenced on 13 March, consisted of two rounds of bidding. The operators had the chance to submit their presents and bids utilizing digital types particularly developed by the NMHH for this objective. The out there heaps included 24 duplex heaps, every representing 2×28 MHz of frequencies (uplink/downlink).
32 GHz Spectrum Assignments
After cautious analysis, the NMHH awarded a complete of 18 heaps to the taking part operators. Vodafone emerged as the best bidder, securing 10 heaps and the corresponding 560 MHz of spectrum. Magyar Telekom efficiently bid for six heaps, buying 336 MHz of spectrum, whereas CETIN obtained 2 heaps, entitling them to 112 MHz of spectrum.
Telecom Operators Safe Rights for Enhanced Providers
The operators will collectively pay roughly HUF 970 million for the radio spectrum acquired within the public sale. The NMHH additional ensured the formation of person blocks, strategically positioning the contiguous person blocks throughout the frequency band to facilitate future use of the remaining frequencies with none hindrances.
These entitlements to the 32 GHz frequency band will stay legitimate till 23 Might 2038 and have the opportunity of a single extension for a further 5 years.
The well timed sale of the 32 GHz frequency band contributes to the deliberate clearance of the 26 GHz frequency band, enabling its future utilization for 5G functions. This improvement not directly promotes the growth of home 5G protection, an important step in advancing the nation’s telecommunications infrastructure.
The profitable public sale demonstrates the continued dedication of the NMHH and telecom operators to additional enhancing connectivity and advancing technological capabilities in Hungary.
Additionally Learn: 4iG Efficiently Completes Vodafone Hungary Takeover
Vodafone Hungary in Home Possession
4iG Nyrt has acquired a 51 p.c controlling stake in Vodafone Hungary, the second largest telecom firm in Hungary. The Hungarian State has additionally acquired a 49 p.c oblique stake. The settlement values Vodafone Hungary at HUF 660 billion, which is 7.1 occasions the EBITDA for the monetary 12 months ending on March 31, 2022.
This acquisition was made via 4iG’s subsidiary, Antenna Hungaria, and marks a big improvement within the telecom business in Hungary.
Moreover, in March 2023, Antenna Hungaria has acquired a further 19.5 p.c stake in Vodafone Hungary via a share swap, rising its direct controlling stake to 70.5 p.c. The Hungarian state not directly acquired a 25 p.c stake in PPF Telecom Group’s Hungarian subsidiaries as a part of the transaction.