Posts tagged as licence

New challenger W1TTY granted EMI licence in Lithuania

Saturday, January 30, 2021

W1TTY, a clever mobile partner that provides a full suite of attractive finance products and services, announces that its subsidiary Witty Global UAB has received authorization from the Lithuanian regulator to operate as an Electronic Money Institution (EMI) in the European Economic Area. W1TTY was granted the license in just 6 months from application submission. As the name suggests, W1TTY will have an innovative and smart approach to finance, supporting…

Estonia revises 5G sale to include fourth licence

Thursday, June 4, 2020

Estonia’s IT minister has moved to get the country’s 5G spectrum auction back on track after it was cancelled due to legal action. In February 2019 telecoms watchdog the Consumer Protection and Technical Regulatory Authority (Tarbijakaitse ja Tehnilise Jarelevalve Amet, TTJA) announced an auction for three licences in the 3.6GHz (3410MHz-3800MHz) band for future 5G services. A reserve price of EUR1.597 million (USD1.8 million) was set per licence, with 130MHz of TDD frequencies…