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Hong Kong nets $280M in spectrum auction

Summary by Mobile World Live
The Hong Kong government concluded a spectrum auction after seven days, generating HKD2.2 billion ($282.6 million) from 110MHz of spectrum across two 4G and 5G bands to four operators. The frequency blocks have a 15-year licence period. China Mobile Hong Kong picked up 50MHz in the 2.3GHz band for just under HKD1.1 billion, accounting for nearly half the total raised. HKT won 20MHz in the 2.3GHz band for HKD400 million, and Hutchison Telecom com…
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