The Dutch state raised much more than expected in its auction of fourth generation (4G) wireless licences, with prices so high market leader KPN said it would have to cut dividends to afford its licence.The auction raised a much higher-than-expected 3.8 billion euros ($5 billion) and the result will lead to fierce competition in one of Europe's most lucrative mobile phone markets as the winners roll out faster, fourth-generation services which allow consumers to watch video and surf the Internet on the move.The Dutch market is currently dominated by KPN, Vodafone and Deutsche Telekom, all three of which won licences, as did new entrant Tele2 of Sweden.Two cable companies - Ziggo and UPC, owned by Liberty Global, which already have strong shares in broadband and pay-TV - said they made a joint bid but later pulled out of the auction later because the bidding went too high.
Liberty Global, Inc. (LGI) is an international provider of video, broadband Internet and telephony services, with broadband communications and/or direct-to-home satellite (DTH) operations, As of December 31, 2011, the Company was serving 19. Shares of LBTYA traded higher by 0.13% or $0.08/share to $60.31. In the past year, the shares have traded as low as $38.70 and as high as $62.86. On average, 1280950 shares of LBTYA exchange hands on a given day and today's volume is recorded at 1226288.
Market Leader, Inc., online technology and marketing solutions for real estate professionals across the United States and Canada. Shares of LEDR remained unchanged at $6.30. In the past year, the shares have traded as low as $2.30 and as high as $7.16. On average, 120923 shares of LEDR exchange hands on a given day and today's volume is recorded at 54378.
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