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The auction for the award of 3G licenses was completed successfully today, July 13th, 2001. After the completion of the process, the National Telecommunications and Post Commission (EETT) announced the participants to which 3G licenses will be awarded.

The results are as follows:

Bandwith
Winner
Winning Bid
1. 2X20 MHz FDD and    
    5 MHz TDD
PANAFON S.A.
  176.376.199
(GRD 60.100.189.809)
2. 2X15 MHz FDD and    
    5 MHz TDD
COSMOTE S.A.
161.411.701
(GRD 55.001.037.116)
3. 2X10 MHz FDD and     
    5 MHz TDD
STET HELLAS S.A.
146.735.169
(GRD 50.000.008.837)


The process for the award of 2G Licences will be conducted on Tuesday July 17th, 2001.