PPF said yesterday that it will take part in the new auction for mobile-phone frequencies only if the CTU telecoms regulator secures for it as many frequencies as the incumbents have. PPF also insists that the incumbents allow the new operator access to their networks without conditions. / We expect that under the proposed rules a new entrant bidder (s) for LTE spectrum (probably PPF) would have allocation in 800 MHz guaranteed. This could allow a potential new entrant to push one or two of the incumbents out of 800MHz which could give a new entrant the opportunity to strike deals with the incumbents in the future; TELO2 CR shares fell yesterday of 4.65% in a reaction. CEZ said that it is looking at the possibility of becoming a virtual mobile network operator. / It would be a logical step. CEZ already offers reduced-rate calling to its employees and their families, and it has signed up 100,000 people for this. Its CEZ Standard tariff offers 240 minutes of calling and 100 SMSes for CZK 100 per month, in an arrangement with O2’s Bonerix unit.