MTA » Topics » T-Mobile Macedonia's dispute with the AEC on frequency fees

This excerpt taken from the MTA 20-F filed May 21, 2009.

T-Mobile Macedonia's dispute with the AEC on frequency fees

        T-Mobile Macedonia paid the invoices issued by the AEC for the 2004 and 2005 radio frequency fees, however, the AEC issued further invoices for the same periods in May 2007, which T-Mobile Macedonia is disputing as the management believes that there is no valid legal base for invoicing additional fees. The potential exposure is about HUF 770 million, for which no provision has been recognized. The first instance court proceedings are still ongoing.

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