0
Wireless

South Korea to launch 5G spectrum auction on 15 June

Friday 4 May 2018 | 09:32 CET | News
South Korea will hold its first 5G spectrum auction on 15 June. Korea's Ministry of Science and ICT said SK Telecom, KT and LG Uplus will bid for 3.5 GHz spectrum in the auction on 15 June. However, the government plans to limit their bidding amount to prevent the auction from becoming too competitive, Yonhap news agency reports. The three mobile operators are expected to share the band evenly. According to ministry officials, the allocation of the new frequencies could accelerate the commercialization of 5G services, currently scheduled for launch in March 2019.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: KT / LG / SK Telecom
Countries: Korea, Republic of
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

SK Telecom's Q2 revenues up 7% as mobile returns to growth

Published 02 Aug 2019 08:10 CET | Korea, Republic of
South Korean operator SK Telecom posted revenue of KRW 4.43 trillion for the second quarter of 2019, which represents an increase ...

SK Telecom, KT, LG Uplus acquire 5G spectrum for KRW 4 trillion

Published 19 Jun 2018 09:45 CET | Korea, Republic of
South Korean mobile operators SK Telecom and KT have won 100 MHz each in the 3.5 GHz band for provision of 5G services, The Korea ...

SK Telecom, KT, LG Uplus apply for 5G spectrum auction

Published 04 Jun 2018 12:48 CET | Korea, Republic of
South Korean mobile operators SK Telecom, KT and LG Uplus have applied for the country's first auction for 5G spectrum, Yonhap ...

LG Uplus Q1 net profit jumps nearly 20%

Published 07 May 2018 10:20 CET | Korea, Republic of
LG Uplus saw its first-quarter revenue increase by 6.4 percent from a year earlier to KRW 3.06 trillion. Service revenue slightly ...

Zuid-Korea houdt 5G-spectrumveiling op 15 juni

Published 04 May 2018 11:38 CET | Korea, Republic of
Zuid-Korea zal zijn eerste spectrumveiling voor 5G houden op 15 juni a.s. Het Zuid-Koreaanse ministerie voor Wetenschap en ICT ...

South Korea sets 5G spectrum auction opening price at KRW 3.3 trillion

Published 19 Apr 2018 14:39 CET | Korea, Republic of
South Korea has set the opening price of the auction for 5G spectrum at KRW 3.3 trillion (approximately USD 3.1 billion), Yonhap ...

FCC plans auction of 24, 28 GHz bands in November

Published 18 Apr 2018 08:55 CET | United States
The US Federal Communications Commission has confirmed plans for an auction of 5G spectrum in the 24 and 28 GHz bands later this ...

5G is top priority for both RTR and BEREC

Published 05 Apr 2018 12:49 CET | Austria
Austrian regulator RTR has announced in its latest newsletter that 5G will be the top topic for this year. According to RTR ...

O2 takes most spectrum as UK 5G auction raises GBP 1.36 billion

Published 05 Apr 2018 08:50 CET | United Kingdom
After starting on 20 March, the principal stage of the auction in the UK for spectrum in the 2.3 and 3.4 GHz bands is now ...

Major telecom users group calls for 5G licences longer than 20 years

Published 13 Mar 2018 11:21 CET | Europe
BTG, the association of large telecom users in the Netherlands, is backing telecom operators in the call for longer 5G spectrum ...

Australia to launch 5G spectrum auction in October

Published 08 Mar 2018 10:49 CET | Australia
The Australian government has announced that it will auction 125 MHz of spectrum in the 3.6 GHz band for provision of 5G services ...





Calendar   /   Industry Events

11 Aug NTT fiscal Q1
11 Aug Viavi fiscal Q4
11 Aug Radcom Q2 2020
11 Aug Lumentum fiscal Q4
11 Aug Rakuten Group Q2
11 Aug Zoom Telephonics Q2 2020
12 Aug China Unicom Q2 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug Tecnotree H1 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Teleste Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
14 Aug Rovio H1 2020
14 Aug TDC Q2 results
17 Aug Bezeq Q2 2020
17 Aug Cellcom Q2 2020
18 Aug Ice Group Q2 results
18 Aug Partner Communications Q2 2020
18 Aug ON Semiconductor strategy update
::: More Calendar Items