The CR‘s Telecommunications Office started an auction for radio frequencies with four bidders taking part in the proces. Telefonica, T-Mobile CR, Vodafone CR and PPF Mobile Services are taking part in the auction. The auction closes on Dec. 20, when the regulator will announce the distribution of the radio frequencies among winners. The telecommunications office is offering radio frequencies in the 800 MHz, 1800 MHz, and 2,600 MHz ranges. /Neutral, We expect the LTE license could cost TEFO2 up to 3.0 – 3.5 bln. CZK. TEFO2 is considering taking debt for the auction as its strong balance sheet allows them to do it/.