TEO LT, AB - Notification on material event

CORRECTION: UAB Omnitel recognised the winner of radio frequencies auction arranged by the Communications Regulatory Authority

Corrected information about chosen radio frequencies:
Omnitel as winner of the Communications Regulatory Authorities auction used its
right to choose radio frequencies block and specifies its decision to use A2
(i.e. radio frequencies from paired radio frequencies bandwidth of 891.7-903.3
MHz and 936.7-948.3 MHz) and B1 (i.e. radio frequencies from paired radio
frequencies bandwidth of 1710-1735 MHz and 1805-1830 MHz) radio frequencies
blocks. Radio frequencies block B2 (i.e. radio frequencies from paired radio
frequencies bandwidth of 1735-1760 MHz and 1830-1855 MHz) was considered as one
of supplementing alternative to the most important - A2 frequencies block.
Namely, combination of A2 and B1 radio frequencies will ensure high 2G, 3G and
4G network capacity and maximum coverage of Lithuania's territory, including
regions near the longest state borders with Latvia and Belarus. 

On 27 January 2016, during the meeting of Auction Commission UAB Omnitel, a
subsidiary of TEO LT, AB, was recognised the winner of radio frequencies block
bundle No. C1 at Communications Regulatory Authority auction for the right to
use radio frequencies (channels) from paired radio frequencies bandwidth of
880–915 MHz and 925–960 MHz, and paired radio frequencies bandwidth of
1710–1785 MHz and 1805–1880 MHz. 

Omnitel offered the highest price (EUR 14.3 million) for this radio frequencies
block bundle and got the priority right to choose the preferred A and B
category radio frequencies block. 

At the meeting of Auction Commission on 27 January 2016 Omnitel expressed its
will to choose A2 (i.e. radio frequencies from paired radio frequencies
bandwidth of 891.7–903.3 MHz and 936.7–948.3 MHz) and B1 (i.e. radio
frequencies from paired radio frequencies bandwidth of 1710–1735 MHz and
1805–1830 MHz) radio frequencies blocks. 

Namely, combination of A2 and B1 radio frequencies will ensure high 2G, 3G and
4G network capacity and maximum coverage of Lithuania’s territory, including
regions near the longest state borders with Latvia and Belarus. 




         Audrius Stasiulaitis,
         Press Officer,
         tel. +370 5 236 7019