Czech telco regulator will consider the possibility to provide existing frequencies for 4th mobile operator, although it sees the possibility for such a success on the highly saturated market as fairly low. Another possibility is permission for virtual mobile operator who could use network of existing operators.
Our view:
Highly saturated Czech market doesn’t provide a lot of space for new operators. We see the possibility of success for virtual operator a little bit more probable, mainly if it could specialize on some specific segment of the market, e.g. companies. Gaining considerable market share is however highly improbable. We see the news as neutral for today’s trading.