Hong Kong’s Office of the Communications Authority (OFCA) announced that local carriers China Mobile Hong Kong and HKT secured spectrum in the 4.9 GHz band for the provision of 5G services.
In a statement, the regulator confirmed that 80 MHz of spectrum in the 4.9 GHz band had been awarded to both operators which would pay utilization fees for a total of HKD240 million ($30.6 million).
“The provisional successful bidders are required to pay the fees by 27 November 2019. The assignment of the spectrum will take effect in December 2019 with a validity period of 15 years,” the spokesman for OFCA said.
