The DSRT, the Macau regulator, yesterday awarded the Hong Kong-owned company the fourth 3G license in the territory. SmarTone will spend 180 million patacas ($22.6 million) on its new 3G network in Macau.
SmarTone was the only bidder for the license. Rival 2G network providers China Telecom (Macau), Hutchison and incumbent CMT were all grant eight-year licenses in June 2007.
Macau, with a population of 560,000, already has 993,545 mobile users, or a mobile ownership rate of 177%. Of those, 440,000 are 3G customers, according to the DSRT.
source: telecomasia.net
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