Economy
Hungary to issue mobile frequencies tender in April - paper
The authority will sell rights to use parts of the 800, 900, 1800 and 2600 MHz frequencies, Reuters cited Napi Gazdasag as reporting. The country expects to raise HUF 120 billion from the sale, the daily paper added.
Hungary’s budget shortfall could exceed 3% of GDP this year and general government debt will not decline, according to the latest projection by the Fiscal Responsibility Institute Budapest (FRIB or KFIB).
The FRIB also believes the HUF 120 bn revenue planned to be received from the mobile frequency licence tender could also be exaggerated.
The new frequencies will be used in parallel with the existing ones that provide the basis for Hungary's mobile phone services.
The NMHH was not immediately available to comment.
Last year NMHH extended until 2022 the licences of Hungary's current mobile phone operators: Deutsche Telekom unit Magyar Telekom, and the Hungarian subsidiaries of Vodafone and Telenor.
Hungary’s budget shortfall could exceed 3% of GDP this year and general government debt will not decline, according to the latest projection by the Fiscal Responsibility Institute Budapest (FRIB or KFIB).
The FRIB also believes the HUF 120 bn revenue planned to be received from the mobile frequency licence tender could also be exaggerated.
The new frequencies will be used in parallel with the existing ones that provide the basis for Hungary's mobile phone services.
The NMHH was not immediately available to comment.
Last year NMHH extended until 2022 the licences of Hungary's current mobile phone operators: Deutsche Telekom unit Magyar Telekom, and the Hungarian subsidiaries of Vodafone and Telenor.
