M-Tel abandons WiMAX

April 15, 2010 – M-Tel has announced it will be transferring its WiMAX frequencies to fellow spectrum holder Max Telecom for an undisclosed sum.

April 15, 2010 – M-Tel has announced it will be transferring its WiMAX frequencies to fellow spectrum holder Max Telecom for an undisclosed sum. M-Tel, Bulgaria’s number one mobile operator by subscribers, will instead focus its efforts on further developing its UMTS network.

TeleGeography’s 4G research service shows M-Tel received two blocks of 10.5MHz in the 3.5GHz band in January 2006 for USD3.84 million.

source: TeleGeography | Read full story

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