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O2 will not buy license from Quam

August 13, 2002

Mobile operator O2 Germany said yesterday that it is not interested in acquiring the 3G UMTS licence of Quam if it becomes available.

Last month, Quam backers, Sonera of Finland and Spain’s Telefonica closed their mobile joint venture in Germany after just seven months in operation. Without the two backers, Quam will not have the necessary funds to rollout 3G services across Germany because of the tough license conditions fixed by the telecom regulator.

Speaking in Die Welt, O2 Germany Chief Executive Officer Rudolf Groeger said that he expected Quam to try and sell its 3G frequency package, but that it was unclear whether the telecommunications regulator would allow this.

Although not interested in the licence himself, Groeger said that his company would want the licence to go to one of the original purchasers, as opposed to a new entrant.

The German MVNO, Group 3G/Quam, launched GSM/GPRS services towards the end of last year and had attracted almost 200,000 customers by the end of June.

 


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