Business news from Ukraine

Business news from Ukraine

THREE LARGEST MOBILE OPERATORS BUY OUT FREQUENCIES IN 1800 MHZ RANGE FOR 4G FOR UAH 3.2 BLN

6 March , 2018  

Kyivstar, Vodafone-Ukraine and Lifecell mobile operators, according to the right of first purchase option to launch 4G standard communications, have purchased the lots of 25 MHz, 20 MHz and 15 MHz respectively in the 1800 MHz band for UAH 1.325 billion, UAH 1.06 billion and UAH 795,000.
An Interfax-Ukraine correspondent said that Oleksandr Zhyvotovsky, the head of the National Commission for Communications Regulation (NCCR), announced the winners on the relevant lots at the 4G tender on March 6.
According to the terms of the tender, the subjects of conversion, to ensure the continuity of provision of telecommunications services to their subscribers, are entitled to receive part of the radio frequency bands at a fixed price.