Taiwan’s National Communications Commission is reported to have revealed that six companies have acquired spectrum licences following its auction of 4G frequencies, according to Reuters. It is understood that the total value of the combined bids stood at TWD118.65 billion (USD4.03 billion), well above the floor price of approximately TWD35.9 billion. In terms of those companies to have acquired concessions, existing telecoms operators Chunghwa Telecom, Taiwan Mobile, Far EasTone and Asia Pacific Telecom, were all named as having won new licences. Meanwhile, local electronics contract manufacturing company Hon Hai Precision, which trades under the Foxconn banner, has also reportedly snagged a concession, while a mobile telecom company newly established by the Ting Hsin International Group rounded out the winners. As previously reported by CommsUpdate, the government was offering a total of 270MHz of spectrum in the 700MHz, 900MHz and 1800MHz bands in the auction, but it has not been confirmed exactly how much spectrum, or in what band, each bidder has secured.