This is so different from the stories coming out about companies bidding low for 4G.
In an unusual move, CTU, the Czech telecoms regulator, suspended the country’s spectrum auction because bids were escalating too far beyond the reserve price.
CTU set a minimum price of CZK7.4 billion ($377m) for the three frequency bands under the hammer – 800MHz, 1800MHz and 2.6GHz – but overall bidding climbed to CZK20 billion before the regulator decided to pull the plug.
The watchdog fears that if spectrum costs are too high, customers will suffer through higher service charges and the possible slowdown of 4G network rollouts.
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