Hungary's State Mobile Operator to Announce Tender - Report

Date : 06/14/2012 @ 10:55AM
Source : Dow Jones News
Stock : Nokia Corp. Sponsored American Depositary Shares (NOK)
Quote : 6.16  -0.07 (-1.12%) @ 4:03PM

Hungary's State Mobile Operator to Announce Tender - Report

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Hungary's state-owned mobile operator is set to announce a tender to build network infrastructure "within weeks," political daily Magyar Nemzet reports Thursday.

China's Huawei Technologies Co. and ZTE Corp. (0763.HK), Sweden's Ericsson (ERIC), and Finnish-German company Nokia-Siemens Networks have shown interest in the tender, Magyar Nemzet reports, citing industry sources.

Hungary's fourth mobile service provider, MPVI Mobil Zrt., was launched by a consortium of state-owned companies: postal services provider Magyar Posta Zrt., power wholesaler MVM Zrt. and development bank MFB Zrt. It is set to start servicing customers in 2013.

Newspaper Web site: www.mno.hu

Write to the Budapest Bureau at budapest@dowjones.com

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