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mmO2 accepts Irish 3G licence

August 14, 2002

mmO2 plc today confirmed that O2 Ireland has accepted a 3G 'B' licence from the Irish telecoms regulator.

The 'B' licence includes minimum requirements of 33% demographic coverage to be fulfilled by the end of June 2006 and 53% demographic coverage to be fulfilled by the end of June 2008. The total licence fee is €114.1 million phased over 15 years with the first instalment of €44.4 million to be paid up-front.

Ireland is the latest country within the O2 Group to have been awarded a 3G licence. The Group already has 3G licences in the UK, Germany and the Netherlands. In December 2001, O2 launched Europe's first fully operational 3G network on the Isle of Man.

Last month, the Irish telecoms regulator, Etain Doyle, has revealed the provisional results of the country's license contest and it appears that, subject to agreement, Hutchison Whampoa has won yet another European license and the most sought after one at that.

 


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