(Telecompaper) Taiwan completed its 5G spectrum auction on 16 January, after 261 rounds of bidding. Total bids reached TWD 138.08 billion (approximately USD 4.6 billion), DigiTimes reports, citing a statement from Taiwanese regulator National Communications Commission (NCC). Chunghwa Telecom, Taiwan Mobile, Far EasTone Telecommunications and Taiwan Star Telecom won spectrum in the 3.5GHz band. Asia Pacific Telecom also participated in the auction.