3 Austria withdraws LTE auction complaint

Monday 28 July 2014 | 09:25 CET | News
Hutchison Whampoa unit 3 Austria withdrew at the end of June its complaint with the Administrative Court (VwGH) against last year's LTE auction licence, Der Standard reported. CEO Jan Trionow told news agency APA that the company still considers the auction to have broken the law in terms of its form and content, but the framework conditions have now changed. Der Standard said the autumn 2013 4G auction yielded approximately EUR 2 billion for the government but it has now been established that about half of that will return to the sector in the form of broadband support between 2016 and 2020.

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Categories: Mobile & Wireless
Companies: 3 Austria / Hutchison Whampoa / T-Mobile Austria
Countries: Austria
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