Moldcell Acquires New Licenses in Moldova
Published on: 14th Aug 2014
TeliaSonera's subsidiary Moldcell in Moldova, has acquired new licenses and radio frequencies, valid for a 15 year term starting November 6, 2014.
Moldcell will continue using frequencies in the 900 MHz band and has purchased new frequencies in the 800 MHz and 1,800 MHz bands. Moldcell will abandon its earlier used frequencies in the 2,100 MHz and 2,600 MHz bands. The new frequencies are technology neutral.
The value of the agreement is EUR 25.5 million.
"This investment is a sign of our commitment to continue providing the people in Moldova with high quality services and access to the best mobile coverage, latest technologies and innovative solutions. We have high ambition to further improve our position in the Moldovan market," says Erik Hallberg, Executive Vice President and Head of Region Eurasia.
Moldcell currently has just over 1 million subscribers.