Royalty is set for auction of mobile-operator licenses

Article Abstract:

The Hong Kong government plans to auction four third-generation wireless licenses, using a procedure in which the bidding companies say what percentage of revenue they will pay for the licenses. The new bidding procedure is intended to reduce the risk and burden on companies, since the winning companies will pay for the licenses only after they have started generating revenue. Service under the licenses would begin in late 2002 or early 2003. Up to 30% of the capacity under each license would have to be made available for resale.

Government regulation, Hong Kong, Political activity, Wireless communications, Licensing agreements, Wireless communication systems

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LinkAir taps 3G in novel way

Article Abstract:

LinkAir Communications Inc. claims that it has developed a third-generation mobile technology that will provide more data capacity at a lower cost. The Beijing-based company has received venture funding from Intel Capital and the Carlyle Group, but it still needs Chinese government support to encourage mobile carriers to use its LAS-CDMA technology.

China, Investment Banking and Securities Dealing, Investment Banking, Venture Capital Companies, Miscellaneous Intermediation, Services development, Investors, not elsewhere classified, Security brokers and dealers, Finance, Services, Investment banks, Carlyle Group L.P., Intel Capital, LinkAir Communications Inc.

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