Saturday, 25th March 2017

google plus twitter

Company News

Shore Capital investment testing LTE tech in Berlin

Email this to a friend

Updated: Fri, 17th Feb. 16:26:37

Josh White

(ShareCast News) - Shore Capital updated the market on the LTE mobile technology testing being undertaken by one of its investments on Friday.

DBD holds, through a subsidiary, 32 regional radio spectrum licences in Germany of indefinite duration, and Shore Capital holds a 59.94% interest in Spectrum Investments, the parent company of DBD.

It said DBD had been given consent by the German Telecoms Regulator, BNetzA, to test the LTE TDD technology which will support its business plan for the future use of the licences, premised upon a small radio cells network concept.

An initial pilot scheme has been commenced in Berlin and DBD plans to roll out additional pilots in other areas covered by the Licences.

"For the initial Berlin trial, at the request of BNetzA, DBD is using a temporary test licence granted to it by BNetzA," Shore Capital's board said in a statement.

"However, DBD believes that, as a result of Article 9a of the EU Framework Directive, it should be permitted to use its existing licences to conduct the pilot schemes and to support the roll out of its services in the future.

"BNetzA has yet to confirm its agreement."

In correspondence with DBD, Shore Capital said BNetzA had noted that its ongoing consideration of the status and use of the licences should be taken in the context of its ongoing review of spectrum frequency planning for the years after 2021/2022, and in particular its frequency concept for the 3.5GHz band, into which the licences fall.

These companies were mentioned in the above article
SGR Shore Capital TRADE
News provided by Digital Look

Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal recommendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

Which trading game would you like to trade with ?