Hong Kong Concludes Auction of 5G Spectrum in 3.5 GHz Band
Hong Kong’s Office of the Communications Authority (OFCA) has announced that a total of 200 MHz of spectrum in the 3.5 GHz band was successfully auctioned off to four mobile network operators at a total of spectrum utilisation fees (SUFs) of HK$1.006 billion (approx USD$127,485,200).
“Four bidders, namely China Mobile Hong Kong Company Limited (CMHK), Hong Kong Telecommunications (HKT) Limited (HKT), Hutchison Telephone Company Limited (HTCL) and SmarTone Mobile Communications Limited (SmarTone) took part in the 3.5 GHz band auction. The auction came to a satisfactory conclusion after completion of the quantity phase and the assignment phase today,” a spokesman for OFCA said.
The results of the auction are:
- Frequency Block A1 – A6 (3400 – 3460 MHz) to CMHK for HK$300 million
- Frequency Block A7 – A11 (3460 – 3510 MHz) to HKT for HK$252 million
- Frequency Block A12 – A16 (3510 – 3560 MHz)to SmarTone for HK$252 million; and
- Frequency Block A17 – A20 (3560 – 3600 MHz)to HTCL for HK$202 million
“The provisional successful bidders are required to pay the SUFs as specified in the table above and to submit performance bonds to guarantee compliance with the network and service rollout requirement by 14 January 2020. Further, they are required to collectively make contributions to a fund for a subsidy scheme to support the upgrade of existing Satellite Master Antenna Television systems by 25 November 2019. The assignment of the spectrum will take effect on 1 April 2020 and be valid for a period of 15 years,” the spokesman for OFCA added.
OFCA has announced a revised list of Qualified Bidders for frequency blocks in the 4.84 – 4.92 GHz band. Previously Qualified Bidders Hutchison Telephone Company Limited and SmarTone Mobile Communications Limited withdrew their Applications on 15 October 2019 after being named a provisional successful bidders of the 3.5 GHz band auction.
Subsequently, the Authority has announced that the following Bidders are Qualified Bidders (in alphabetical order) of the 4.84 – 4.92 GHz band auction:
- China Mobile Hong Kong Company Limited; and
- Hong Kong Telecommunications (HKT) Limited.
The Qualified Bidders are eligible for participating in the Bidding Stage of the Auction.
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