HK government may change 3G auction rules

date: June 12, 2001

The Hong Kong Office of the Telecommunications Authority may change on a proposal that the price of a 3G license be set at the level at which the fourth last bidder drops out of the 3G auction, an executive at Regional Wireless said Tuesday.

Hubert Ng, chief executive officer of CSL - a mobile joint venture between Pacific Century CyberWorks and Telstra said the company has received some hints that the telecom regulator is prepared to accommodate industry views that the price be determined by the fifth last bidder to drop out.

The government may change its proposal since "the whole industry sees the fifth lever rule as more appropriate," he said.

The Hong Kong government is planning to allocate four 3G licenses in September through a secret auction in which the bidders won't know how much other participants are bidding.

It's proposing that the price will be set at the level at which the fourth last bidder decides to drop out, even though that fourth bidder will still be allocated a license.

Participants in the Hong Kong auction will bid a percentage of their future 3G revenue for the licenses as opposed to a lump sum to be paid up front.

The Hong Kong legislative council is scheduled to vote on the proposed 3G auction regulations before its summer recess in July.

Top Sellers at our online store

1.	NEC e606 on 3
2.	Orange Nokia 7250i
3.	O2 Samsung A800
4.	NEC e808 on 3
5.	Motorola A920 on 3

last updated: January 12, 2004

Visit our online store, click here

3 phones

3G Motorola A920
Available Now! Superb full colour touch- sensitive screen with a built-in digital camera for Video Calling.
Buy now from Free

M-Profits: Making Money from 3G Services
ISBN: 0470847751

This book discusses 3G services from the view of what is needed for the service to provide value to the user, what is the value proposition for the user, how will money be made out of delivering the service, and discussions on how revenue sharing propositions might work to benefit content providers and network operators. 3G operators should take note of this highly recommended book.

buy it UK | USA

3G Books to Read!

top