By Alexander Winifred
Nikkei Markets
adds details, analyst's comments, share prices
KUALA LUMPUR (Oct 11) -- Malaysia Wednesday invited bids to buy blocks of 700 Mhz spectrum for high-speed mobile telephone service, sparking speculation that telecommunication companies will scramble to garner a piece of the prized bandwidth for hefty fees that could squeeze their future earnings in a brutally competitive market.
Shares of telecommunication service operators fell after the industry regulator, Malaysian Communications and Multimedia Commission sought bids by Jan 2. 2018 to buy bandwidths ranging from 703 MHz to 798 MHz, split across eight spectrum blocks.
