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Czech Telecom Operators, PPF Bid in Frequency Auction, CTU Says

Telefonica Czech Republic AS (SPTT), T- Mobile Czech Republic AS, Vodafone Czech Republic AS, PPF Mobile Services AS filed bids in an auction for telecommunication frequencies in the country, the Czech Telecommunications Office said.

The regulator will assess whether the bids comply with all the requirements by Oct. 10, the Prague-based office, or CTU, said in an e-mailed statement today.

CTU expects to complete the auction for allocations of frequencies by the end of the year and a final decision should be made at the beginning of 2013 after the regulator receives money for the frequencies, it said.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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