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China Mobile Wins Hong Kong Wireless Broadband License

Netease Tech, 1/22/09

China Mobile's (NYSE: CHL; 0941.HK) Hong Kong subsidiary has announced that it has won its bid for a Broadband Wireless Access License in Hong Kong, using the 2555-2570MHz and 2575-2960MHz spectrum, for a price of HKD 494.7 mln. The two other operators to win licenses were Genius Brand and CSL. All three operators are expected to use the spectrum to deploy LTE technology.

Keywords: Broadband Wireless Access License wireless broadband 0941.HK China Mobile CHL Hong Kong LTE spectrum wireless 4G bidding

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