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Three G3 Mobile Telecom Licenses To Be Put On The Auction Block.

Three G3 Mobile Telecom Licenses To Be Put On The Auction Block.

2 February 2008

The Transportation and Telecommunications Ministry announced it is going to sell three licenses for a third generation mobile service provision in 2006. Licenses will be sold at an open tender. Concorde Capital: After a G3 license was granted to Ukrtelecom (UTEL: HOLD) without a tender, the Ministry worked out tender rules for selling another three licenses. The new rules give UTEL an advantage over other telecommunication operators.

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