On March 20th, according to the announcement issued by the Hong Kong Communications Authority, 4 operators bid for 4G spectrum with a frequency band of 2.5GHz / 2.6GHz. What is striking is that both China Mobile and China Unicom ’s Hong Kong subsidiaries participated After the auction, China Mobile Hong Kong Co., Ltd. succeeded in bidding, and China Unicom (Hong Kong) Operation Co., Ltd. was defeated.
The auction started on March 18, with ten rounds of bids on the first day and eight rounds of bids on the second day. The auctioned 4G spectrum can be used for 4G LTE, and can also be expanded for future LTE-Advanced services. The base price of the group band is 150 million yuan (750 million yuan in total), and the total bid price has doubled to more than 1.4 billion yuan.
Genius Brand, China Mobile Hong Kong Co., Ltd., and Hong Kong Mobile Communications Co., Ltd. (CSL) each won a 10MHz wireless spectrum, and SmarTone Telecom Co., Ltd. won 20MHz. Operators who successfully bid will receive a 15-year spectrum usage period.
It is interesting that both China Mobile and China Unicom participated in the auction of 4G spectrum in Hong Kong. It is not uncommon for China Mobile to participate in the auction, because since the acquisition of China Resources, China Mobile has a complete network in Hong Kong, and China Unicom has no To build or acquire a 3G or 2G network, it is unclear why this time to participate in the auction. The market believes that China Mobile already has a considerable amount of 4G spectrum resources in Hong Kong and has actually opened 4G services. The bid is only for Unicom.
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