Telekom Austria Group Acquires UMTS Frequencies in Slovenia
The Telekom Austria Group today announced that Si.mobil, its Slovenian wireless subsidiary, has acquired nationwide UMTS frequencies for Slovenia for a total of EUR 6.5 million. The use of UMTS frequencies is valid for a period of 15 years with the legal
option to extend the term.
Boris Nemsic, CEO Telekom Austria Group and CEO mobilkom austria said: "We are delighted that Si.mobil has won this tender. The Telekom Austria Group was among the first operators in Europe to promote 3G technologies. In the meantime customers in all of our networks in Austria and in South-East Europe are able to use comprehensive data services based on high-speed UMTS technology across countries."
The first UMTS frequencies in Slovenia were sold in 2001 for a total amount of EUR 92 million. Under these conditions Si.mobil did not participate in the tender. Since December 2003 Si.mobil has offered 3G mobile communications solutions based on EDGE technology. The acquisition of UMTS frequencies is a logical continuation of this strategy.
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