Taiwan last week wrapped up the first of its 5G spectrum auctions with bids totaling NT$138.08 billion (US$4.61 billion), making it the third-most expensive 5G spectrum in the world after Italy (US$5 billion) and Germany (US$4.7 billion). However, the telecoms’ executives have voiced concern that expensive 5G bandwidth outlays might have an adverse effect on 5G adoption. Taiwanese would not benefit from 5G services if subscription rates begin at NT$2,000 per month. These factors are likely to stall the adoption of 5G technology and prolong the recovery period for telecoms. This reduced 5G network deployment costs for telecoms and accelerated the uptake of 5G technology in the US.
