Taiwan Concludes LTE Auction

Posted by Sam Churchill on

Taiwan has concluded an LTE auction, generating a total of NT$118.65 billion (US$4.02 billion), which was 223.5% in excess of the total floor price, according to the National Communications Commission (NCC).

A total of 270MHz of frequency spectrum, in the 700MHz, 900MHz and 1,800MHz bands, was auctioned for mobile broadband. The total bidding price for the 1800-MHz band was NT$78.785 billion while the 700-MHz band was NT$35.2 billion and the 900-MHz band was NT$9.345 billion.

After 393 rounds of bidding over 40 days, six companies won LTE spectrum. Bidders included all four of the country’s 3G licensees – Chunghwa Telecom, Taiwan Mobile, Far EasTone and Asia Pacific Telecom.

The other three companies included Foxconn Group subsidiary Ambit Microsystems; a mobile telecom company newly established by the Ting Hsin International Group; and another new company set up by the Shinkong Group, which dropped out on the sixth day of the auction.

Taiwan aims to issue 4G licenses by June 2014.

Posted by Sam Churchill on Wednesday, November 20th, 2013 at 12:05 am .

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