Moldcell acquires new licenses in Moldova
TeliaSonera’s subsidiary Moldcell in Moldova, has acquired new licenses and radio frequencies, valid for a 15-year term starting November 6, 2014.
Moldcell will continue using frequencies in the 900 MHz band and has purchased new frequencies in the 800 MHz and 1,800 MHz bands. Moldcell will abandon its earlier used frequencies in the 2,100 MHz and 2,600 MHz bands. The new frequencies are technology neutral. The value of the agreement is EUR 25.5 million.
“This investment is a sign of our commitment to continue providing the people in Moldova with high quality services and access to the best mobile coverage, latest technologies and innovative solutions. We have high ambition to further improve our position in the Moldovan market,” says Erik Hallberg, Executive Vice President and Head of Region Eurasia.
Moldcell is a leading operator in Moldova, with over 1 million subscriptions, providing 4G, mobile ID and mHealth services, among other.
TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also a leading wholesale provider who owns and operate one of the world’s most extensive fiber backbones. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6 billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.