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ABOUT TELENOR NEWS NEWS AND PRESS RELEASES TELENOR INVESTS OVER 35 MILLION EUROS IN NEW SPECTRUM, AND WILL ACTIVELY DEVELOP ITS 4G NETWORK IN SERBIA
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Telenor invests over 35 million euros in new spectrum, and will actively develop its 4G network in Serbia

Telenor has committed to pay 35,002,111 Euros for two blocks in the 800 MHz frequency band, at the tender for individual license for the usage of radio frequencies organized by RATEL. This spectrum will enable further development and expansion of the 4G network in Serbia.
 
„Our 35,002,111 Euro investment in the 800 MHz band confirms our dedication to cover Serbia with a quality data network and fast internet. The 800 MHz band will enable us to, in line with our customer’s needs, to continue the expansion of our 4G network and further improve the customers experience, especially for coverage in rural areas and data speed in the cities.“, says Ove Fredheim, CEO Telenor Serbia.
 
Telenor continues with the network development and by the end of the March 2016, more than 99% of the population will have access to fast mobile internet, in parallel Telenor will further expands the 4G signal coverage. Utilizing the new frequency band at 800 MHz will also contribute to better indoor data coverage.