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China Mobile Hong Kong wins 3.5GHz spectrum bid

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China Mobile Hong Kong wins 3.5GHz spectrum bid

China Mobile Hong Kong Co. Ltd. won a bid for 60MHz bandwidth 3.5GHz bands at HK$300 million.

The spectrum will be assigned from April 1, 2020, and it will remain valid for 15 years, according to an Oct. 14 company release.

China Mobile Hong Kong is a unit of China Mobile Ltd.

As of Oct. 11, US$1 was equivalent to HK$7.84.