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Czech Telecom Regulator Officially Starts Auction of Frequencies

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July 12 (Bloomberg) -- The Czech Republic’s telecommunication regulator, CTU, officially started an auction of radio frequencies in the 800 MHz, 1800 MHz, and 2,600 MHz ranges.

The bidders should apply before Sept. 10 and the regulator expects to choose a winner before the end of the year, CTU said at the statement published on its website.

The “transparent’ auction should speed up development of high-speed mobile broadband services, ensure an effective usage of frequencies and boost competitiveness on the market by an entry of a new provider, CTU’s head Pavel Dvorak said in the statement.

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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