Chunghwa Telecom Co, Far EasTone Telecommunications Co, Taiwan Mobile Co and two other rivals are bidding for preliminary licences to the spectrum they need to operate their future 5G networks. Bidding continued yesterday after the total on Monday surpassed NT$100bil, 98% of which was for rights to use the 3.5GHz band.
TAIPEI: Bids in Taiwan’s auction of fifth-generation networking airwaves have exceeded NT$100bil (US$3.3bil), a sign of robust demand as carriers race to deploy new wireless networks for applications including smart manufacturing and autonomous cars.
Chunghwa Telecom Co, Far EasTone Telecommunications Co, Taiwan Mobile Co and two other rivals are bidding for preliminary licences to the spectrum they need to operate their future 5G networks. Bidding continued yesterday after the total on Monday surpassed NT$100bil, 98% of which was for rights to use the 3.5GHz band.
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