KMI sole bidder in Korea's 2.5 GHz auction

News Wireless Korea, Republic of 2 JUN 2014
KMI sole bidder in Korea's 2.5 GHz auction
Korea Mobile Internet (KMI), a consortium of several MVNOs, is the sole bidder in an auction to award spectrum in the 2.5 GHz band, Yonhap reports. This spectrum band could be used for the provision of LTE-TDD as well as wireless broadband. The operator seeks to obtain 40 MHz of spectrum in the 2.5 GHz band. The government will now determine if KMI is qualified to obtain the spectrum. KMI plans to launch LTE-TDD services in 85 major cities initially and then expand coverage to cover the entire country by January 2016, according to previous reports. 

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