WHILE the spectrum is merely radio frequencies, it is often a prized asset of telecommunication companies (telcos).
Globally, telcos have been pouring billions of dollars into securing the spectrum via auctions, considering the need to offer high-speed, wireless Internet services.
In the case of Malaysia, the spectrum for 2G, 3G and 4G was not competitively auctioned in the past. Instead, the telcos have been allocated with relevant radio frequencies – for relatively much cheaper prices.
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