TKA Telekom Austria Ag

The Austrian Telecom Control Commission said Monday it auctioned mobile spectrums to three bidders.

MAIN FACTS:

-Proceeds from the auction totaled EUR2.01 billion ($2.75 billion).

-Telekom Austria AG (TKA.VI) paid about EUR1.03 billion for 14 frequency packets.

-Deutsche Telekom AG's (DTE.XE) Austrian subsidiary T-Mobile paid around EUR654 million for 9 frequency packets.

-Hutchison (HUWHY) paid about EUR330 million for 5 frequency packets.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

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