Hong Kong raises nearly HKD 1.9 billion in 5G spectrum auction

Thursday 28 October 2021 | 08:51 CET | News
Hong Kong's Office of the Communications Authority (OFCA) announced it has concluded its auction of radio spectrum in the 600 MHz, 700 MHz, 850 MHz, 2.5/2.6 GHz and 4.9 GHz frequency bands. The auction included a total of 32 rounds of bidding in three days. A total of 255 MHz of spectrum in 19 frequency blocks was auctioned off to four mobile network operators at total spectrum utilization fees (SUFs) of HKD 1.87 billion.

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Categories: Mobile & Wireless
Companies: China Mobile Hong Kong / HKT / Hutchison Telecom / PCCW / SmarTone
Countries: Hong Kong
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