Croatia Receives Two Bids for LTE Radio Spectrum
Published on: 29th Oct 2013
Note -- this news article is more than a year old.
Croatia's telecoms regulator, Hakom has opened the bids for the remaining 20Mhz of digital dividend spectrum that it has to allocate.
Two frequency blocks, 2x5 MHz each, were offered at the auction for LTE services.
For Block A (801-806/842-847 MHz), VIPnet offered HRK 110 million while Hrvatski Telekom offered HRK 105 million. Only Hrvatski Telekom submitted a bid for block B (806-811/847-852 MHz), of HRK 105.7 million.
The regulator said that its final decision on the award of licences is expected in the first half of November, after the analysis and verification of the tender documentation is carried out. The highest offered price at the auction was the criterion for the bid selection per frequency block.
In addition to the one-off fee, operators could also opt between paying the total amount of annual fees for the use of radio frequency immediately, or in equal annual instalments, until the license expiry in 2024. VIPnet opted for the total payment of the annual fees for the use of the radio frequency spectrum in the amount of HRK 65 million, while HT would pay HRK 8 million over the next 11 years. In the event of the allocation of block A to VIPnet and block B to Hrvatski Telekom, which can be expected at the beginning of next month, the state budget would gain revenue of almost HRK 290 million.