Czech telecoms regulator to launch 5G auction bidding in November

PRAGUE: The Czech telecoms regulator CTU aims to launch an auction of next-generation 5G frequencies in early November, seeking to attract a fourth new operator to boost competition in a market among the most expensive for customers in Europe.

CTU is in the later stages of planning and has already submitted the main auction setup to the government, which should discuss it next month before public consultations likely to start in April.

CTU Chairman Jaromir Novak said on Wednesday the auction would be deemed a success if it attracted a fourth operator to the market to compete with incumbents O2 Czech Republic , T-Mobile and Vodafone.