Deutsche, France Telecom to pay $126 million for Slovak license extension

Reuters

Telecommunication companies Deutsche Telekom (Bonn, Germany) and France Telecom (Paris, France) have to pay a total $126 million for a 10-year license extension of their Slovak units, the Slovak telecommunication regulator said on Wednesday.

France Telecom, running Slovensko Orange -- Slovakia's largest mobile and internet services provider in terms of number of clients -- will pay $57.7 million.

Deutsche Telekom will pay $67.9 million for its T-Mobile Slovensko unit's licence.

The regulator said the size of the fee was calculated using anticipated trends in average revenue per user (ARPU) and outlook of number of clients until 2021. The operators can appeal against the ruling.

Orange Slovenko's net profit fell 6.8% to $263.8 million last year. T-Mobile Slovensko's parent company Slovak Telekom Group, run by Deutsche Telekom, saw net profit drop 17% to $171.6 million last year.

The levy on operators comes with the government of Prime Minister Iveta Radicova looking for ways to boost revenues to secure pledged fiscal consolidation plan, backed by a package of tax hikes and spending cuts.

(Reporting by Martin Santa; Editing by Dan Lalor)

ArticleTools

Featured Big Data Reports

Market Opportunity: Big Data in the Internet of Things
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

 

Structured and Unstructured (Big) Data in Telecom Analytics
This report provides the reader with a broad understanding of telecom data (structured and unstructured/big data) and related analytics. The report identifies market drivers and opportunities as well as forecasts for certain key growth areas such as deep packet inspection.

 

Telecom Carrier Big Data Operations, Applications, and Services
Telcos have a major advantage in that they have many sources of data but if they want to monetize that data and derive meaningful, actionable analytics it could be challenging due to the complexities of correlation, prediction, and the massive volumes of data from different sources.

 

Affordable Market Reports on Big Data, IoT, CDN & More!
Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and TelecomEngine.com.
Browse the latest titles

 

 

 

Featured Events & Partners

The Telecom Exchange (TEX)
Wednesday, June 24, 2015

Cipriani Wall Street, New York City

Designed to navigate enterprise and carrier network operators through all carrier hotels and colocation houses available in the US and globally.

Visit event website...