South Korea SK Telecom has applied for licences ahead of the spectrum awards set for August, according to a Reuters report.
The company is reportedly seeking to secure licences in the 800 MHz and 1.8 GHz bands. Licences are also available in the 2.1GHz…
South Korea SK Telecom has applied for licences ahead of the spectrum awards set for August, according to a Reuters report.
The company is reportedly seeking to secure licences in the 800 MHz and 1.8 GHz bands. Licences are also available in the 2.1GHz spectrum band.
At the end of June, it had been reported that the Korea Communications Commission (KCC) was aiming to raise W1.15 trillion (US$1.1bn) from the spectrum awards.
More specifically, the regulator expects to raise W261bn (US$242.9m) from the 800MHz sale and W445.5bn (US$414.6m) each from the 1.8GHz and 2.1GHz sales.
Operator will not be able to acquire more than one licence in the auction.
The KCC reportedly said that it was making these awards in order to expand mobile telecom spectrum with the increase in data traffic and to form a competitive environment.
The operators will reportedly be able to use the 1.8GHz and 2.1GHz spectrum bands immediately after the sale, while the 800MHz band will become available in July 2012.
