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Wireless

Govt approves SK, KT, Uplus' bids for spectrum tender

Wednesday 27 April 2016 | 01:03 CET | News
The South Korean government has approved bids by mobile operators SK Telecom, KT and LG Uplus to secure new bandwidth, Yonhap news agency reports, citing a statement from the Ministry of Science, ICT and Future Planning. SK Telecom, KT, and LG Uplus will compete for five blocks in the 700 MHz, 1.8 GHz, 2.1 GHz and 2.6 GHz bands. In total, the government is offering 140 MHz of spectrum, estimated to be worth at least KRW 2.5 trillion (approximate USD 2.2 billion).

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Categories: Mobile & Wireless
Companies: KT / SK Telecom
Countries: Korea, Republic of
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