TrueMove H pays first instalment for 2600MHz licences
TrueMove H Universal Communication (TUC), a subsidiary of True Corp, today paid the first instalment worth more than Bt1.91 billion for nine 2600MHz licences to the National Broadcasting and Telecommunications Commission and picked up the licences.
Payment for the 2600MHz licences upfront is divided into seven instalments.
The watchdog held an auction for three spectrum bands – 700MHz, 2600MHz and 2.6GHz licences – on February 16 in which five bidders participated. They were Advanced Wireless Network (AWN) of Advanced Info Service, dtac TriNet of Total Access Communication, TUC, CAT Telecom, and TOT.
TUC offered Bt17.873 billion to win nine 2600MHz licences and Bt3.577 billion to win eight 26GHz licences.
AWN offered more than Bt17.15 billion to win one 700MHz licence, over Bt19.56 billion to win 10 licences for the 2600MHz spectrum and Bt5.345 billion to win 12 licences for 26GHz.
CAT proposed Bt34.306 billion to clinch two 700MHz licences.
TOT offered Bt1.795 billion to grab four 26GHz licences.
Dtac Trinet offered more than Bt910 million to win two 26GHz licences.
