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Max Paid All of its Obligations to CRC in Time. The Telecom Prepaid Also its Fees for the Next Quarter at the Amount of Over Half Million Lev

25.03.16 Max Paid All of its Obligations to CRC in Time. The Telecom Prepaid Also its Fees for the Next Quarter at the Amount of Over Half Million Lev

The telecommunications operator Max said it has paid more than 2 million leva to the Regulation Commission (CRC) for its licence to use 2x10 MHz in the spectrum 1800 MHz. Of these, 1,500,000 million leva cover fees for the licence of the company to use the spectrum during the past half year. The remaining more than 500,000 leva Max prepaid for the usage of the frequencies in the next quarter as a definite indication of its stable presence of the telecom market in Bulgaria.

“In my understanding, when a company pays fees to the state, this is not news. We announce that we have paid all fees we owe to CRC, however, because a month ago, one of our competitors speculated with the information about this topic. We must clarify that Max is on the Bulgarian market with clear long-term intentions to develop innovative high quality services. As a company with a long-term vision we will not only pay the frequencies we currently use, but we will also buy the right to use even more frequencies. Thus, when other operators launch their 4G LTE networks, the network of Max still will have the highest speeds”, said Neycho Velichkov, CEO of Max.

In January this year it became clear that the CRC will allocate among the operators the released frequency resource in the range of 1800 MHz. Max will receive additional 2x5 MHz to the frequencies of 2x10 MHz it already uses. The company intends to use the additional frequencies to achieve higher speeds in its 4G LTE network - up to 110/50 Mbps download/upload.

Max is a new generation operator, offering mobile Internet and voice services. The company released the first commercially available 4G LTE network in Bulgaria in May 2014. This year it will launch a standard voice service with national coverage.

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