Bloomberg News

Hungary Invites 4 Bidders to Proceed in Mobile Frequency Tender

January 02, 2012

Jan. 2 (Bloomberg) -- Hungary’s media and telecommunications authority has invited four bidders to take part in the next phase of a mobile frequency tender, the watchdog said.

The authority, known as NMHH, accepted the bids submitted by Magyar Telekom Nyrt., Telenor Magyarorszag Zrt., Vodafone Magyarorszag Zrt., and a consortium consisting of Magyar Posta Zrt., Magyar Villamosmuvek Zrt. and Magyar Fejlesztesi Bank Zrt., the NMHH said in an e-mailed statement today.

The bidding process will start on Jan. 5, according to the statement.

To contact the editor responsible for this story: Edith Balazs at ebalazs1@bloomberg.net


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