4iG sells off mobile infrastructure for $199m

4iG sells off mobile infrastructure for $199m

Hungarian operator group 4iG struck a deal to sell its mobile network assets and spectrum to Budapest-based wireless communications company Pro-M for HUF68 billion (US$199 million), via its subsidiary Antenna Hungaria. 

The operator stated that the sale includes 2,500 towers, activate passive radion network assets, and 1,800MHz of licences mobile frequencies. 

The above assets were previously spun off to 4iG subsidiary MIS Omega Mobilhalozat. Quad player DIGI had its mobile services transferred to sister company Vodafone HUngary’s network on June 1 as part of an integration programme. 

Pro-M is a subsidiary of NISZ National Infocommunications Services Company and is contracted by the government to operate the Unified Digital Radio System for critical emergency services. 

Acquiring the mobile assets will enable Pro-M to cut its response time and expand its network services to utility services such as gas, water and electricity. 

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