Voda­fone, Avea, Turk­cell of­fer high­est bids

The Pak Banker - - BUSINESS -

Bri­tain's Voda­fone and Turk­ish firms Avea and Turk­cell were the high­est bid­ders in ten­ders for Tur­key's fourth-gen­er­a­tion (4G) net­work, the ten­der com­mis­sion chair­man said on Wed­nes­day.

The 800 Mhz band­width to be used for the 4G net­work has been di­vided into pack­ages, to be di­vided up broadly equally be­tween the op­er­a­tors. Voda­fone of­fered the high­est bid of 390 mil­lion eu­ros ($447.17 mil­lion) for the A1 pack­age and Avea the high­est with the same amount for the A2 pack­age, Deniz Yanik an­nounced in the cap­i­tal Ankara.

Turk­cell's of­fer of 372.93 mil­lion eu­ros was the largest for the A3 pack­age, with the fi­nal re­sults of the ten­der process ex­pected later on Wed­nes­day. The ten­der was post­poned in May, weeks af­ter Pres­i­dent Tayyip Er­do­gan urged Tur­key not to "lose time" with 4G and to move straight to 5G, for which tech­ni­cal stan­dards do not yet ex­ist. 4G and 5G re­fer to the latest tech­nol­ogy stan­dards for mo­bile de­vices.

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