Telenet Tecteo Bidco joins the group of 3G licensees (Belgium)
Earlier, a 3G license for Telenet Tecteo Bidco was announced by BIPT, the telecom regulator in Belgium. The company has finally, been awarded the 3G license in the wake of the conditions to have been accepted by the licensee on 29 July.
To start with, the telco had offered BIPT $874,296 per month for the total spectrum available which was 1950.1-1964.9 MHz /2140.1-2154.9 MHz. In addition, Telenet Tecteo Bidco had chosen to pay the amount bid in annual installments over a total period from July 2011 to March 2021.
At this point, the conditions of the licence have been accepted by Telenet Tecteo Bidco, in addition to the payment to have been paid by the telco for 2011.
Eventually, Telenet Tecteo Bidco has joined the group of 3G licensees, the other constituents being Belgacom, Mobistar and KPN Group Belgium. The new entrant into the 3G space is bound to roll out related services in no later than 18 months from the date of when the licence was granted, i.e. 15 July 2011.
Paradoxically, Telenet Tecteo Bidco is yet to formally confirm its first step into the 3G space but the telco has expressed its ambitions with regard to the prospective acquisition of the reserved spectrum in the 900 MHz and 1800 MHz bands, and wanting to deploy services on the back of these spectrums for the first time on 27 November 2015.
4G licenses in the 2.6 GHz band are expected to be auctioned in the autumn. As on 1 June, 2011, the announcement has already been published while 14 October, 2011 has been set as the deadline for candidates to apply.