Hong Kong Cellcos Hail 5G Spectrum Prices
The government of Hong Kong has completed a round of 5G spectrum auctions, having sold frequencies in the 3.3GHz, 3.5GHz, 4.9GHz, and 26GHz ranges this year. The sales raised a total of HK$1.91 billion ($244 million) in spectrum utilization fees (SUFs).
The territory is looking to be among the front-runners in the race to launch 5G networks in the Asia-Pacific region.