Greek authority EETT cancels Cosmoline WiMAX licence
Greek telecoms regulator EETT has canceled the 3.5GHz WiMAX broadband fixed wireless access licence owned by Cosmoline, after the operator failed to pay its licence fee in full.
According to reports, Cosmoline had defaulted on a payment of US$5.7 million due in August 2009, the final installment of the US$28.65 million asking price of its 3.5GHz licence won via a tender process launched by the EETT in August 2006.
The authority added that it had repeatedly issued written reminders to the operator, which also received an extension of the deadline to roll out a WiMAX network, but Cosmoline failed to launch the service. The EETT intends to pursue legal action to recover the outstanding licence fee amount.
Telekom Slovenije, Tok receive WiMAX licenses
Telekom Slovenije and Tok Telekomunikacije have been awarded wireless broadband licences. The Slovenian market regulator APEK said Telekom Slovenije had offered SIT 100 million for the licence, while Tok offered SIT 40 million. The licences were awarded for ten years and cover the whole of Slovenia. To date, Telekom Slovenije had the only WiMAX licence in the country, granted in 2002, which covered only the capital Ljubljana. Telekom Slovenije said it will invest SIT 3 billion over the next three years in an effort to cover 60 percent of the population with its WiMAX network.
Source- http://www.telecompaper.com
