Thai PM says 4G auction funds will be spent on infrastructure, farmers


  • World
  • Thursday, 26 Nov 2015

Thailand's Prime Minister Prayuth Chan-ocha in Kuala Lumpur, Malaysia, November 21, 2015. REUTERS/Jorge Silva -

BANGKOK (Reuters) - Thailand's prime minister said on Thursday that $2.26 billion (1 billion pounds) raised from a 4G mobile license auction would be used to fund infrastructure projects and to help low-income people, including farmers.

Thailand's leading mobile operators Advance Info Service Pcl and True Corp won the auction for fourth generation mobile frequency licenses on Nov. 12, which was held by the National Broadcasting and Telecommunications Commission. ID:L3N1371QO]

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