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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
07/17/201413:45:46Liberty Global Files 8K - Regulation FD
07/17/201412:51:33EUROPE MARKETS: European Losses Deepen As Ukraine Crisis Intensifies
07/17/201406:25:54EUROPE MARKETS: European Stocks Drop After Fresh Russia Sanctions
06/27/201417:50:41Liberty Global Files 8K - Other Events
06/27/201407:32:28Liberty Global Launches Offer for Ziggo
06/27/201404:55:11Liberty Global Officialy Launches EUR35.74 Ziggo Offer
05/20/201413:54:02Liberty Global Won't Build German Cell Network
05/15/201418:00:08Third Point Adds New Stakes in American Airlines, Anheuser-Busch
05/15/201417:26:18Point72, Formerly SAC Capital, Bets on BlackBerry, Booz Allen...
05/15/201417:16:53Berkshire Hathaway Takes Stake in Verizon -- Filing
05/15/201417:15:53Soros Sells Out of J.P. Morgan, Bank of America, Citigroup
05/15/201417:10:12Point72 Bets on BlackBerry and Booz Allen
05/15/201416:54:14Point72, Formerly SAC Capital, Bets on BlackBerry and Booz Allen
04/30/201417:35:28Liberty Global Files 8K - Changes Executive Management
04/23/201417:10:55Liberty Global Files 8K - Direct Or Off-Balance Sheet Financial...
04/16/201403:29:51Ziggo Swings to 1Q Net Loss; 2014 Outlook Unchanged
04/03/201408:10:02Dutch Cable Merger Faces EU Antitrust Review
04/03/201407:19:24EU Antitrust Chief Signals Brussels Will Review Dutch Cable Merger
03/19/201416:53:11Liberty Global Files 8K - Unregistered Equity Sales
03/14/201413:43:13Liberty Global Ends Talks to Buy U.K.'s Daisy Group -FT

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