Polkomtel received a frequency assignment decision

09 Sep 2014

The Management Board of Cyfrowy Polsat S.A. (the “Company”) hereby informs that on September 8, 2014, Polkomtel Sp. z o.o. („Polkomtel“), subsidiary of the Company, has received a frequency assignment decision issued by the Office of Electronic Communications (“UKE”)

On September 8, 2014, the President of UKE assigned 1757,5-1759,9 MHz and 1852,5-1854,9 MHz as well as 1777,7-1784,9 MHz and 1872,7-1879,9 MHz frequency blocks in the 1800 MHz band to Polkomtel. The assignment is for a further 15 years (to September 14, 2029), is valid in the whole country and is technology-neutral. The requirement is to cover 90% of Poland’s territory with telecommunication services provided using these frequencies, calculated together with the frequencies in 900 MHz band assigned by the President of UKE on January 11, 2011.  As of the date of this report Polkomtel meets this requirement.

Polkomtel uses the 1800 MHz band to provide 2G services.

Polkomtel is obliged to make a one-time fee for the frequency assignment of PLN 365.4 million, payable within 14 days from the date of receipt of the decision.

Legal grounds: Article 56 Section 1 point 1 of the Act on Publish Offering and conditions governing the introduction of financial instruments to the organized trading as well as public companies.

Report Number: 
Last updated 09/12/2014