Hutchison Telecommunications Hong Kong (HTHKH) announced its subsidiary, Hutchison Telephone Company (HTCL), made a successful bid of HK$202 million for 40MHz of spectrum inthe 3.5GHz band at an auction run by the Communications Authority.
HTHKH is a leading telecommunications operator providing advanced mobile communications in Hong Kong and Macau under the '3' brand. HTHKH is a member of the CK Hutchison Holdings.
HTCL’s utilisation period for the 3.5GHz band runs for 15 years, from 1 April 2020 to 31 March 2035. HTHKH has worked tirelessly on 5G deployment, which involved conducting a network trial at a cell site in Causeway Bay at the end of last year. In fact, 3 Hong Kong became the first local mobile operator to make a live outdoor broadcast via a 5G network in the 3.5GHzband using compatible equipment.
Kenny Koo, HTHKH Executive Director and CEO
Our acquisition of 5G spectrum in the 3.5GHz band marks yet another milestone in development of our 5G network. The 3.5GHzband has been dubbed the ‘golden spectrum band’ because of attributes includingsuperiority of coverage and penetration.