Operators in Malaysia have until end of may to submit bids

date: January 30, 2002

Telco operators in Malaysia have 90 days beginning February 28 to submit their bids to vie for the three 15 megahervz (Mhz) duplex third generation (3G) spectrum blocks, regulators said yesterday.

Malaysian Communications and Multimedia Commission (MCMC) chairman Tan Sri Nuraizah Abdul Hamid said the commission is finalizing the applicants' information package for the contest, and applicants have until May 29 to submit their entries.

"Results will be announced by July," she said. The RM50 million price tag for each spectrum block stays, she added.

The Malaysian Communications and Multimedia Commission will issue the final tender documents in February next year, with the licenses being awarded in July. The licenses will be for 15 years and have a license fee of just US$13 million.

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