Kapsch Makes Lowest Bid For Hungary's MÁV Telecoms Contract
- 2 May 2013 8:59 AM
Kapsch Carrier Com, teaming up with state-owned MVM Ovit, has filed the lowest bid, of Ft 19.8 billion, in the tender to establish the new GSM-R system for railway communications, Napi Gazdaság has learned.
The consortium of Selex Electronik and Huawei offered Ft 30.7 billion, while Nokia Siemens Networks submitted the highest bid, of Ft 37.2 billion.
The government has estimated the project costs at Ft 22.6 billion, of which 85% will be financed from EU subsidies.
State telecoms service provider NISZ, the tender announcer, said the contract can be signed within the next two months.
Source: Hungary Around the Clock
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