4G licence auction nets Bt80 billion after 33 hours
AFTER MORE than 33 hours of marathon bidding spread over two days, Advanced Wireless Network (AWN) of Advanced Info Service (AIS) and True Move H Universal Communication of True Corp emerged as winners of 4G-1800MHz licences, with their combined bid amoun
The final price was double the full total spectrum price. The telecom watchdog was quick to reassure people that despite the astronomically high final price, 4G service fee would be lower than that for existing 3G services.
The bidding ended in the 86th round at 7.05pm Thursday when True secured the first licence block with the final bid price of Bt39.792 billion, while AWN secured the second block by offering Bt40.986 billion.
The National Broadcasting and Telecommunications Commission (NBTC) announced the bid results yesterday. The starting price for each of the licences was Bt15.912 billion, or 80 per cent of the full Bt19.890 billion price. The bidding began at 10am on Wednesday. The final total bid price of two 4G-1800MHz licences skyrocketed more than 100 per cent of the total full spectrum price.
