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China Mobile, Hutchison Win Hong Kong Radio Spectrum Auction

China Mobile Ltd.’s Hong Kong unit won an auction for radio spectrum for high-speed mobile services, after bidding HK$170 million in an auction, the Office of the Telecommunications Authority said on its website today. Hutchison Telecommunications Hong Kong Holdings Ltd. and 21 ViaNet Group Ltd. also won airwaves after they both placed bids of HK$150 million, the regulator said.

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