P4 sp. z o.o. (“P4”), 2015-10-21, Warsaw
P4 wins one block in 800MHz frequency band and four blocks in 2600MHz frequency band in the spectrum auction
The Management Board of P4 would like to inform the market of the results of the auction of 800MHz and 2600MHz spectrum published by the Office of Electronic Communication (“UKE”) on 19th October 2015.
According to the UKE announcement dated 19th October 2015, P4 has won access to the following frequencies in spectrum auction:
- 1 frequency block of 2x5MHz bandwidth in the 800 MHz frequency band, for a total of PLN 1,496,079,000
- 4 frequency blocks, each of 2x5MHz bandwidth in the 2600MHz frequency band, for a total of PLN 222,354,000.
The total payment offered by P4 for above-listed frequency blocks amounted to PLN 1,718,433,000. P4 intends to apply for reservation of all blocks it has won, i.e., A2, B1, B2, B4 and B11.
The payment will be made after P4 submits the request for reservation to the UKE and the UKE issues a decision in respect of that reservation. P4 intends to finance the payment with currently available cash and credit facilities.
P4 will be entitled to use the frequencies for a period of 15 years, starting from the day of the delivery of the relevant reservation decision.