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Auction of radio spectrum for provision of broadband wireless access services successfully concluded
January 23, 2009
HONG KONG -- The Office of the Telecommunications Authority (OFTA) announces that the auction of radio spectrum in the 2.3 GHz and 2.5 GHz bands has been completed today (22 January 2009). Three bidders have successfully bid for a total of 90 MHz of radio spectrum in the 2.5 GHz band at a total of spectrum utilization fee (SUF) of 1.5357 billion dollars.
"With the assignment of the radio spectrum, the successful bidders will be able to deploy the next generation Broadband Wireless Access (BWA) technologies and offer a variety of advanced high-speed multimedia services. This should create a lot of opportunities for both network operators and providers of content and service applications," a spokesperson of OFTA said.
Office of the Telecommunications Authority (OFTA)
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