SK, KT, Uplus win spectrum licenses in South Korea

Monday 2 May 2016 | 08:07 CET | News
South Korean operator SK Telecom has won a tender for two bandwidths to provide faster and broader data services, Yonhap news agency reports, citing a statement by the country's Ministry of Science, ICT and Future Planning. The Ministry said SK Telecom won a pair of bandwidth blocks in the 2.6 GHz band for KRW 950 billion (approximately USD 832 million) and KRW 327 billion, respectively. Rival operator KT won a license in the 1.8 GHz band for KRW 451 billion, while LG Uplus secured the 2.1 GHz frequency for KRW 381 billion.

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