Hong Kong’s telecoms regulator OFTA has published plans to auction-off radio spectrum in the 850MHz, 900MHz and 2GHz bands next February. OFTA will auction the frequency bands using the simultaneous multiple round ascending method with an Internet-based software platform, notes Cellular News. “Both new entrants and incumbent operators can participate in the auction and choose to bid for any one to all of the four frequency bands,” said the regulator in a statement.