Spectrum
Four operators clinch 4G spectrum in Hong Kong auction
SpectrumFour operators clinch 4G spectrum in Hong Kong auctionFour operators clinch 4G spectrum in Hong Kong auction
Four of Hong Kong’s mobile operators have successfully bid for a total of 50MHz of radio spectrum in the 2.5/2.6GHz band, according to the nation’s telecoms regulator the Office of the Communications Authority (OFCA). The total amount raised from the auction stood at HK$1.54bn ($200m). The spectrum will enable the successful bidders to further develop 4G services in Hong Kong.