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The public competition for fourth-generation frequency licenses announced by the Estonian Technical Surveillance Authority last month attracted by the deadline four bids that were submitted by EMT, Elisa Eesti, Tele2 Eesti and Starman.
Elisa, Tele2, EMT and Starman bid for 4G frequency licenses
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"We hope to determine the winner of the beauty contest by Wednesday, but it depends on how quickly the companies reply to our additional questions," deputy director of the Technical Surveillance Authority Priit Soom told BNS.
The licenses will be issued for the 790-862 megaherz frequency band and the winners will be able to start developing a fourth-generation universal electronic communications network.
The agency will grant three licenses in all. One of the conditions of the beauty contest is the starting date of service provision in a network covering at least 95 percent of the territory of Estonia with data service with a minimum speed of five Mbps. The license fee is one million euros.
The remaining two licenses will be put on auction with a starting price of 1.6 million euros each. The auction guarantee is 200,000 euros and bidders' revenues from electronic communication services must have amounted to at least one million euros in the previous year.