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Dutch Spectrum Auction To Starts In Oct; Advantages For Newcomers

AMSTERDAM -(Dow Jones)- The Netherlands will auction mobile spectrum in October, with three spectrum blocks to be reserved for new entrants to the market, the country's Economic Ministry said Friday. Three mobile network firms currently operate in the euro zone's fifth-largest economy: market leader Royal KPN NV (KPN.AE), Vodafone PLC (VOD) and Deutsche Telekom AG's (DTE.XE) T-Mobile. In the auction, two spectrum blocks in the 800 megahertz band and one in the 900 MHz band will be reserved for new entrants. The 800 MHz band is a better fit for new fourth-generation mobile network as it offers higher download and upload speeds than are currently available, and is the most valuable given that it requires fewer base stations and antennas when building a network. According to the rules of the auction, at least two market entrants will have the chance to secure spectrum in these bands. Swedish company Tele2 AB (TEL2-B.SK) has been touted as a possible entrant. Tele2 had initially intended to make a decision on entering the Dutch mobile market with its own network by the end of last year. But in November, manager Lars Torstensson indicated that a decision could be delayed. Also at that time, Tele2 Chief Financial Officer Lars Nilsson said an entry to the Dutch market through a partner, such as a cable network company, "is definitely an option." Liberty Global Inc.'s (LBTYA) UPC and unlisted Ziggo jointly secured mobile spectrum last year, but haven't built a mobile network of their own yet, nor have they announced plans to do so. Interested telecom firms have to register to participate October's spectrum auction by mid-April. -By Archibald Preuschat, Dow Jones Newswires; +31 20 5715 218; archibald.preuschat@dowjones.com

Stock News for Liberty Global (LBTYB)
DateTimeHeadline
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11/24/201611:00:00New Report Says Europe Needs Multiple Technologies to Achieve...
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11/16/201617:40:00Vodafone Data Usage in India Crimped by Competition, Says CEO
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11/08/201616:30:00Liberty Global to Present at the Morgan Stanley European Technology...
11/06/201620:32:00LiLAC to Launch $300 Million Share Buyback Program
11/04/201618:25:00Correction to "Liberty Global Swings to a Loss" (Nov. 3)
11/04/201603:53:00Vodafone to Sell Netherlands Consumer Fixed Business to T-Mobile...
11/03/201621:30:00Liberty Global Swings to a Loss
11/03/201619:29:00Liberty Global Swings to a Loss
11/03/201617:30:00Liberty Global Reports Q3 and YTD 2016 Results
10/25/201619:00:00Liberty Global Schedules Investor Call for Third Quarter Results
10/18/201616:02:00Liberty Global to Acquire Multimedia Polska
09/30/201605:36:00BT, Virgin Media Warn Rates Hike to Hurt Investment -- Update
09/21/201609:00:00Liberty Global and CableLabs Join MulteFire Alliance
09/15/201618:15:00Liberty Global to Present at the Goldman Sachs 25th Annual Communacopia...
09/15/201602:43:00Ziggo Proposes New Financing
09/14/201610:59:00Netflix To Be On Liberty Global Set-Top Boxes -- 2nd Update
09/14/201610:50:00Netflix To Be On Liberty Global Set-Top Boxes -- Update

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