All Three Challengers for 4th Mobile Network 'Qualified'... Frequency Auction on 25th

The Ministry of Science and ICT announced on the 9th that it has reviewed the eligibility of the three corporations that applied for the allocation of the 5G 28㎓ band frequency and has determined all three to be "eligible."

Three corporations?Sejong Telecom, StageX, and MyMobile?submitted applications by the deadline on the 19th of last month. StageX is a consortium led by StageFive, which separated from Kakao, and MyMobile is a consortium led by Mirae Mobile.

After the application deadline, the Ministry of Science and ICT formed an eligibility review team including experts from various fields to assess the eligibility of the applicant corporations.

The Ministry thoroughly examined whether there were any disqualifications under the Radio Waves Act for establishing wireless stations, any disqualifications under the Telecommunications Business Act for registration as a telecommunications service provider, and whether the applicants met the frequency allocation announcement requirements. Companies challenging the 4th mobile communication must mandatorily build 6,000 base stations in the 28㎓ band by the third year and avoid frequency mixing and interference.

The three corporations that passed the eligibility screening will participate in the 28㎓ frequency auction, which will begin on the 25th. Considering that none of the three corporations have prior experience in frequency auctions, the Ministry of Science and ICT plans to hold a frequency auction rules briefing session soon.

This content was produced with the assistance of AI translation services.