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Argotex wins 3G spectrum; more up for grabs

26 Apr 2006

Georgia’s National Communications Commission has announced that textiles company Argotex has paid GEL19.9 million (USD9.2 million) for the right to offer 3G services. The starting price for the allocated spectrum was GEL8.9 million. Existing cellco Geocell was also in the running.

The losing bidder still has a chance of obtaining a 3G licence, with the commission revealing that further spectrum will be allocated on 23 May 2006. An application deadline of 8 May has been set. Three 10MHz blocks in the 2100MHz band will be up for sale, and no single operator will be allowed more than 50% of the auctioned spectrum. The country’s second largest cellco by subscribers, MagtiCom, confirmed at the end of last month that it would not participate in the forthcoming auction on account of it already having won a 3G licence in May 2005.


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