The Office of the Telecommunications Authority (Ofta) completed the final phase of the third-generation (3G) auction yesterday. The four provisional 3G licence winners - Hutchison 3G Hong Kong, CSL, SmarTone 3G and Sunday 3G (Hong Kong) - bid against each other to pick their favourite band of spectrum. Hutchison 3G Hong Kong, a 75-25 joint venture between Hutchison Whampoa and Japan's NTT DoCoMo, won the first choice of spectrum with a sealed bid of HK$2.39 million. That was almost 240 times higher than the last bid by Sunday, which submitted a bid of HK$10,000. 'We have done a thorough study together with our Japanese shareholder,' said Hutchison Telecom deputy managing director Cliff Woo. 'The price we paid is still well below our perceived value.' SmarTone paid HK$1.38 million to secure second choice, while CSL, a 60-40 venture between Australia's Telstra and Pacific Century CyberWorks, submitted a bid of HK$288,812 for third choice. The four winners pledged to pay the Government a HK$50 million royalty in the first five years and 5 per cent of network turnover in the following 10 years. Director-General of Telecommunications Anthony Wong Sik-kei said licences would be granted to the third-generation licence winners next month. Guidelines for mobile virtual network operators will be published next week. Interested parties will pay an annual fee of HK$750 to become virtual network operators. New World Mobility and Peoples Phones have expressed interest, while New T&T is undecided.