Brief: Hutchison Telecommunications Hong Kong Says RFR Spectrum Re-Assigned To Unit

Hutchison Telecommunications Hong Kong Holdings

10/09/2018 10:34

Sept 10 (Reuters) - Hutchison Telecommunications Hong Kong
Holdings Ltd  0215.HK :
    * UNIT EXERCISED RIGHT OF FIRST REFUSAL OFFERED BY
COMMUNICATIONS
AUTHORITY AND IS RE-ASSIGNED RFR SPECTRUM
    * MAXIMUM AGGREGATE SPECTRUM UTILISATION FEE PAYABLE BY UNIT
FOR
RFR SPECTRUM IS HK$1,400 MILLION
    * ACTUAL SUF PAYABLE BY UNIT DEPENDENT ON RESULTS OF AUCTION
OF
REMAINING SPECTRUM, EXPECTED END OF 2018
    * UNIT RE-ASSIGNED RFR SPECTRUM FOR PROVISION OF MOBILE
TELECOMMUNICATIONS SERVICES IN HONG KONG FOR 15-YEAR TERM

Source text for Eikon:  ID:nHKS6rdCPY 
Further company coverage:  0215.HK 

 ((Reuters.Briefs@thomsonreuters.com;))