Czechs axe 4G tender, says bids too highMarch 8, 2013 in Technology / Telecom
The Czech CTU telecommunications watchdog said Friday it had cancelled its first-ever auction of fourth-generation mobile frequencies, saying the bids it had received were too high and would mean overly high service costs for future consumers.
Offers which topped 20 billion koruna (786 million euros, $1 billion) were "economically unrealistic" as customers would eventually have to pay for it, the CTU said in a statement.
"The high prices would have a negative impact, leading to excessive fees for high-speed mobile internet," said Pavel Dvorak, chairman of the CTU.
(c) 2013 AFP
"Czechs axe 4G tender, says bids too high" March 8, 2013 http://phys.org/news/2013-03-czechs-axe-4g-tender-high.html