ADVERTISEMENT

Vodafone renews frequency spectrum in 900 MHz, 1800 MHz bands

Telco

Image by Pixabay

Vodafone Hungary has renewed its existing frequencies in the 900 MHz and 1800 MHz spectrum at the NMHH (National Media and Infocommunications Authority) spectrum auction, for a total cost of HUF 49.1 billion.

According to a press release sent to the Budapest Business Journal, the service provider has already had spectrum in these bands, meaning that the frequencies expiring in April 2022 were renewed at the auction, and the company acquired rights to use them for the next 15 years up until 2037. Vodafone Hungary will use the re-acquired frequencies to increase the capacity needed for faster mobile internet and better voice quality.

Vodafone Hungary has acquired a total of 58 MHz from the NMHH at the auction on January 28:
900 MHz – For HUF 22.7 bln 2x9 Mhz - provides the mobile network for services currently running on 2G and on 3G. The re-acquired frequency bands will be used by Vodafone in the future to expand the 4G / 5G network.
1800 MHz - For HUF 26.4 bln 2x20 Mhz - The acquired frequencies will be used by Vodafone Hungary in its entirety to expand LTE capacity in the next years to come. 

The spectrum acquired has a 15-year duration until 2037, with the option of a further five-year extension to 2042.

Vodafone Hungary's CEO, Amanda Nelson said, "Last year has highlighted the fundamental role of the telecommunication sector, as it helped us to stay in touch with our loved ones, to learn and to work. It is crucial for us to ensure that this is done smoothly in the future too for our customers, and to do so, we must constantly develop our networks and services. With the frequencies re-acquired we can ensure the continuity of our services and with capacity extensions we can provide even faster mobile internet and better voice quality."

ADVERTISEMENT

Pressure increasing on CFOs - PwC survey Analysis

Pressure increasing on CFOs - PwC survey

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.