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Hong Kong Awards Three WiMAX Licenses
The auction of BWA (WiMAX) licenses in Hong Kong has been completed - with three winners. 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 HK$1.5357 billion (US$198 million).
"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 the telecoms regulator, OFTA said.
"This is the first time that the Government deploys an Internet-based software platform for auctioning radio spectrum, which is an important scarce public resource. With the participation of five bidders, we went through a total of 56 rounds of bidding over the past nine business days," the spokesperson said.
| Provisional Successful Bidder | Radio Spectrum Bid |
Cost (million) |
|---|---|---|
| Genius Brand |
30 MHz (2500-2515 MHz paired with 2620-2635 MHz) |
HK$518 |
| CSL |
30 MHz (2540-2555 MHz paired with 2660-2675 MHz) |
HK$523 |
| China Mobile ( Hong Kong) |
30 MHz (2555-2570 MHz paired with 2675-2690 MHz) |
HK$ 494.7 |
| Total | 90 MHz |
HK$ 1535.7 |
"The Telecommunications Authority (TA) will issue the BWA licences upon receipt of the SUF and the performance bond from the provisional successful bidders," the spokesperson of OFTA added.
Posted to the site on 23rd January 2009