The auction of frequency for a fourth mobile operator has already created a lot of excitement in the Czech Republic, with the telecoms regulator and industry minister dropping hints it could shake up the cozy trio of existing telecom companies. But apart from local financial group PPF and talk of its paving the way for a Chinese firm to enter the European mobile market through this country, others appear reluctant to answer the call.
The Chinese plan to invest $10 billion in Central and Eastern Europe over the coming years in the region’s infrastructure, technology and ecology sectors. While the buying spree has already begun, the Czech Republic doesn’t figure in any plans Chinese investors have made public thus far. But ZTE and Huawei both operate on the Czech, and the planned auction of mobile services frequencies could attract China Mobile, the world’s largest mobile operator.