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Menatelecom sues TRA over 4G auction exclusion

2013-03-21 10:37:00| Telecompaper Headlines

(Telecompaper) Bahrain-based operator Menatelecom has filed a lawsuit against the telecommunications regulator for allegedly barring Menatelecom from bidding for 4G spectrum. The company filed a case against the Telecommunications Regulatory Authority (TRA) at the Urgent Matters Court. The cabinet last month approved plans to introduce 4G technology as part of efforts to upgrade Bahrain's broadband infrastructure. Menatelecom said that despite meeting all the necessary requirements, it has been excluded from the auction, reports Gulf News. The case will be reviewed on 21 March.

Tags: tra auction exclusion sues

 

Indiana Auto Auction Awarded 2012 Top Performance Automobile Auction Designation from Fiserv

2013-03-14 08:00:42| AutomotiveDigest.com - Automotive Industry News

Indiana Auto Auction Awarded 2012 Top Performance Automobile Auction Designation from FiservThe Article Indiana Auto Auction Awarded 2012 Top Performance Automobile Auction Designation from Fiserv appeared first on Automotive Digest.

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Fiserv Awards Indiana Auto Auction 2012 Top Performance Automobile Auction

2013-03-13 22:32:42| AutomotiveDigest.com - Automotive Industry News

Indiana Auto Auction was named the top performing automobile auction house of 2012. Indiana Auto Auction finished in second place last year its first year of eligibility in the annual auction rankings from Fiserv. Indiana Auto Auction is one of our strongest auction partners, said Megan Haley, director, remarketing strategies, Lending Solutions, Fiserv. They proactively manage vehicle inventory and are always willing to go the extra mile to ensure success while consistently achieving very high service levels. [More]The Article Fiserv Awards Indiana Auto Auction 2012 Top Performance Automobile Auction appeared first on Automotive Digest.

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Marchionne's Custom 2011 Dodge Challenger SRT8 Heading to Auction

2013-03-12 20:59:07| Automakers - Topix.net

Interested in a like-new 2011 Dodge Challenger SRT8 with a few tasteful modifications an interesting provenance? We know a guy who might be able to hook you up.

Tags: custom auction heading dodge

 

Czech Republic cancels mobile auction after bids go too high

2013-03-11 09:13:00| Telecompaper Headlines

(Telecompaper) Czech regulator CTU canceled the auction of frequencies in the 800, 1,800 and 2,600 MHz bands, after bids became too inflated. The last bids for the spectrum exceeded CZK 20 billion and were still growing. The CTU said the main objective of the auction is supporting LTE and the eventual entry of a fourth operator on the market, not income to the state budget. The current level of bids is not feasible and would lead to a dramatic and overall price increase for new 4G services and a significant delay in deployment of LTE networks, the regulator said. CTU prepared the auction terms in line with other EU auctions and with the consulting company Grant Thornton. CTU decided to cancel the auction based on a continuous monitoring of the auction and evaluation of experience in countries which completed auctions. For example, in the Netherlands, the auction late last year resulted in prices several times more than original estimates. Such auction results were also criticized by the EU commissioner Neelie Kroes. Participants in such auctions often face problems securing a return on the cost of the licences, which impacts investments and prices for end-users. CTU is currently reviewing the auction conditions. The cancelled auction was launched on 12 July 2012, and the participants were Vodafone Czech Republic, T-Mobile Czech Republic, Telefonica Czech Republic, and PPF Mobile Services (private equity fund of Petr Kellner).

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