Taiwan auction - the fifth day

date: January 22, 2002

The 3G wireless telecommunications licensing auction went into the fifth day of bidding yesterday with 3GO Telecommunications Corp. and Asia Pacific Broadband Wireless Communications Inc. getting the B and E Licenses, respectively.

As of yesterday the accumulated capital put aside by the bidders totaled NT$36.6 billion in the wake of 42 rounds of biddings.

The tentative winners of the licenses are:

License A - Taiwan Cellular, Taiwan's largest private mobile operator, which offered NT$7.676 billion for the license.
License B - 3GO Telecommunications, a newly formed consortium led by personal computer maker First International Computer and home appliance firm Teco Electric, which plunked down NT$5.243 billion.
License C - Taiwan PCS Network, a new firm with backing from Yulon Motors, which put down NT$7.802 billion.
License D - Chunghwa Telecom, state controlled, which offered NT$7.671 billion.
License E - Asia Pacific Broadband Wireless Communications, which bid at NT$8.305 billion.

The total offer of NT$36.6 billion made by the bidders have already exceeded the base prices set by the Ministry of Transportation and Communications (MOTC) by NT$3.097 billion.

Block E, which consists of 800 MHz spectrum, comes with a mandate that the licensee deploy cdma2000 technology and not the popular W-CDMA, favoured by the Europeans.

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