The Hong Kong subsidiary of China Mobile, the largest mobile telecom carrier in China, has acquired 15-year licensed use of 30MHz-bandwidth radio frequency band 2,330-2,360MHz from the Office of the Telecommunications Authority, Hong Kong for HK$170 million (US$21.9 million), and the parent company will use the band to provide TD-LTE (Time Division-Long Term Evolution) service in Hong Kong, according to industry sources in Taiwan.
China Mobile is required to reach a minimum coverage of 50% of the Hong Kong population for its mobile services or 200 commercial and/or residential buildings for its fixed services in the initial five years following the licensing, the sources said.