Monday, March 30, 2020

700MHz spectrums go for Bt51.45 billion in 5G auction

Feb 16. 2020
Facebook Twitter

By Sirivish Toomgum
The Nation

The auction of three 700MHz licences in the multiband auction on Sunday (February 16) was concluded in the morning with total sales of around Bt51.459 billion.

The National Broadcasting and Telecommunications Commission (NBTC) on Sunday began the auction of the three bands.

Out of the five bidders in the fray for spectrums being auctioned to provide 5G wireless broadband service, Advanced Wireless Network (AWN) of Advanced Info Service (AIS), TrueMove H Universal Communication (TUC) of True Corp, and CAT Telecom made bids for the 700MHz licences.

The auction was concluded after nearly three hours and 20 rounds of bidding.

The competition resulted in each licence going at a final price of Bt17.153 billion, after bidding started at Bt8.792 billion for 2x5MHz bandwidth for each licence.

The watchdog will announce details about the winning bidders of the three bands -- 700MHz, 2600MHz and 26GHz -- after concluding the auction.

The watchdog will next auction the 2600MHz spectrum, followed by 26GHz.

CAT, AWN and TUC will also bid for the 2600MHz licences.

TUC, AWN, DTAC TriNet of Total Access Communication and TOT will bid for the 26GHz band.

The NBTC had said earlier that it would auction four spectrums, including 1800MHz. However, none of the bidders showed interest in bidding for the 1800MHz spectrum, leading to auction of the other three spectrums on Sunday.

Facebook Twitter
More in Business
Editor’s Picks
Top News