Vee TIME unlikely to take part in upcoming spectrum auction

1 Jul 2013

Taiwanese WiMAX operator Vee TIME has now said that it will not take part in the country’s upcoming auction of spectrum suitable for LTE services, according to the Digitimes. As previously reported by CommsUpdate, as recently as the end of May 2013 it was being claimed that Vee TIME would look to bid on 1800MHz frequencies with a view to using these to offer a 4G voice service designed to complement its existing product range. However, in the latest development it is understood that the likely cost of the concession – it has been estimated that bids could go as high as TWD10 billion (USD333 million) – has put Vee TIME off participating in the sales process. Instead of seeking 4G spectrum the report claims that the operator will continue to focus on its WiMAX operations for the time being.

Taiwan, VeeTIME