Monday, March 25, 2013

Government's 3G spectrum plan will add up to HK$30 to bills says operator





The government's plan to seize and auction off chunks of 3G mobile spectrum will act as a new tax on the sector and significantly raise the cost of mobile telecommunications services, according to HKT, the largest telecommunications network operator in Hong Kong.


Alex Arena, the group managing director of HKT, which is owned by PCCW, said: "They [the government] said the prime objective [for the plan] was to get maximum value for the spectrum. But you will have to pay for the consequences, since it effectively imposes a tax on all consumers."









via Business feed http://www.scmp.com/business/companies/article/1199081/governments-3g-spectrum-plan-will-add-hk30-bills-says-operator

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