Taiwan to issue five 3G licenses

date: May 26, 2001

The government of Taiwan on Friday said it will issue five licenses for third-generation (3G) mobile communication services in December this year for US$480million each.

Winning bidders will be announced in December, said a statement released by Taiwan's Ministry of Transportation and Communication (MTC).

Operators would have to pay for 30 percent of the bid price as a down payment for the license and the rest by installments.

The MTC has yet to determine the minimum bid for each license, which will have a term of 15 years.

see also: Taiwan 3G information

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