FILE PHOTO: A logo of the upcoming mobile standard 5G is pictured in Hanover, Germany March 31, 2019. REUTERS/Fabian Bimmer/File Photo
BANGKOK: Thailand's telecoms regulator raised more than 100 billion baht ($3.21 billion) in 5G spectrum auctions on Sunday, as operators snapped up 48 licenses ahead of an expected commercial rollout later this year.
Thailand's top three mobile operators, Advanced Info Service Pcl, True Corporation Pcl and Total Access Communication Pcl were all bidding on Sunday, along with two state-run firms, CAT Telecom and TOT.
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