Reuters: Regulatory News: Russia launches 4G tender, to name winners in July

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Russia launches 4G tender, to name winners in July May 3rd 2012, 14:52 MOSCOW | Thu May 3, 2012 10:52am EDT MOSCOW May 3 (Reuters) - Russia on Thursday launched a tender for long-awaited licences on Long Term Evolution (LTE), or 4G, network services, expecting to announce the winners on July 12, a government watchdog said. LTE promises download speeds more than double that of 3G and is designed for data, rather than voice. The Roskomnadzor watchdog said it would offer four lots to cover Russia's vast territory with the LTE network, adding that "the competition rules practically rule out a possibility for the same operator winning in more than one lot." Russia's top three mobile phone firms - MTS, MegaFon and Vimpelcom - as well as Tele2 and long-distance operator Rostelecom have yet to secure enough spectrum to roll out full 4G services in Russia. In March, Tele2 Russia and a state radio institute began tests of LTE technology over 1800 mhz frequencies in the Russian city of Omsk. Earlier this month, Bank of America Merrill Lynch said in a research note the big three mobile operators and Rostelecom should prevail in the forthcoming LTE tender. Roskomnadzor said it would oblige the tender winners to roll out the LTE network within seven years from 2013.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions