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Taiwan says Hon Hai among six winners of 4G licenses

30
Oct
2013

TAIPEI (Reuters) – Taiwan’s National Communications Commission (NCC) said on Wednesday six companies would pay T$118.65 billion ($4.03 billion), more than triple the original offer price, for 12 domestic fourth-generation (4G) mobile spectrum licenses as the bidders try to seize market share in the high-margin business. The world’s largest electronics assembler, Hon Hai Precision Industry, won two licenses as it seeks diversify beyond its traditional contract manufacturing business. …

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