The Office of the Telecommunications Authority (OFTA) announced today (10 June) that three mobile network operators have successfully bid for a total of 9.6 MHz of radio spectrum in the 1800 MHz frequency band at a total of upfront spectrum utilization fee of HK$ 46.1 million.
"The demand for public mobile telecommunications services has been growing continuously. The number of mobile users has reached 11.58 million by March 2009, representing a penetration rate of 165%. The assignment of the radio spectrum through the auction enables the successful mobile network operators to expand their network capacity to meet the increasing demand," a spokesperson of OFTA said.
See Press Release
Source: OFTA Office of the Telecommunications Authority