Magyar Telekom, Pannon sign GSM licence extensions (Hungary)Hungary’s Minister of Economy & Transport Janos Koka has signed contracts with Magyar Telekom and Pannon GSM to extend their GSM 900 MHz frequency usage rights by 7.5 years to 04 May 2016. Each operator has agreed to pay a one-time licence fee of HUF 10 billion and pledged to invest HUF 20 billion in mobile broadband over the next two years. The current licence agreements expire on 04 November 2008. The operators have agreed to expand their mobile broadband networks in Hungary’s disadvantaged regions in 2008 and 2009 at rates greater than foreseen originally in their business plans. As a result, mobile broadband will be available on 90 percent of Hungary’s total area, i.e. at all settlements with populations higher than 1,000, representing 98 percent of the total population. The development projects will be carried out in the regions of South Transdanubia, North Hungary, North Hungarian Great Plain, South Hungarian Great Plain, Central Transdanubia and West Transdanubia.
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