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Macedonia: Telekom Austria Wins GSM License Print E-mail
Tuesday, 27 March 2007
Telekom Austria was the successful bidder in the tender for the third mobile license in the Republic of Macedonia.

Telekom paid US$ 13.3 million for a 10-year GSM 900/1800 license. After ten years, the license will be automatically extended for another ten years.

Telekom plans to invest US$ 93.0 million in Macedonia and hire 200 domestic experts in order to develop its operations.

The license requires that operations start within six months. The license also requires 30% of the population is to be covered after one year, 50% after two years, and 90% after four years.

"In order to meet the conditions set by the Agency for Electronic Communications, during the initial roll out, Telekom Austria will rely on the existing Macedonian public telecommunication networks in addition to building its own network," the company said.

Telekom Austria currently has operations in Austria, the Czech Republic, Slovenia, Croatia, Bulgaria and Liechtenstein. It is setting up its operation in Serbia.

Source: Dow Jones report - WDR/Intelecon Regulatory News.