Bids surpass NT$138bn in first phase of 5G auction - News Summed Up

Bids surpass NT$138bn in first phase of 5G auction


Italy raised 6.55 billion euros (US$7.31 billion) in its first 5G auction in 2018 and Germany obtained 6.5 billion euros in its auction last year, it said. However, all of the telecoms targeted the 3.5GHz frequency band, of which a total of 270 megahertz (MHz) of bandwidth was placed on auction. Chunghwa Telecom (中華電信) secured 90MHz of bandwidth in the 3.5GHz band, followed by Far EasTone Telecommunications (遠傳電信) with 80MHz. Bids for 3.5GHz bandwidth totaled NT$136.43 billion. The 1.8GHz frequency band failed to attract any bids, the commission said.


Source: Taipei Times January 16, 2020 15:56 UTC



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