Thailand raises over 100bil baht for 5G spectrum auctions


  • Thailand
  • Sunday, 16 Feb 2020

BANGKOK: Thailand's telecoms regulator raised more than 100 billion baht (US$3.21bil) in 5G spectrum auctions on Sunday (Feb 16), 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.

Because of the bidding format, the winners for each license were not announced.

The amount raised included 51.46 billion baht for three licenses on the 700-megahertz (MHz) spectrum band, 37.16 billion baht for 19 licenses on the 2600-MHz band, and 11.57 billion baht for 26 licenses on the 26-GHz band.

The range was contested from 9.30 am to 11.58 am by three bidders — Advanced Info Service (AIS), through its subsidiary Advanced Wireless Network (AWN), True Move H Universal Communication (TUC), and CAT Telecom.

The bidding lasted 19 rounds before the hammer fell, with the final price per lot (licence) at 17.15 billion baht. With three licences available, the total amount was 51.45 billion baht, excluding value-added tax.

The National Broadcasting and Telecommunications Commission (NBTC) has yet to reveal which operators obtained the licences. On this range, each company can bid for up to three lots. - Reuters/Asian News Network
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Thailand , Telecom Regulators , 100bil baht

   

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