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	According to the National Broadcasting and Telecommunications Commission (NBTC), as of 2.20pm, the bidders were in the middle of the 71st bidding round.</div>
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	When the 70th round was over, one bidder quoted Bt37.01 billion for the first licence. Three bidders fighting for the second licence pushed the second-lot price to Bt37.01 billion.&nbsp;</div>
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Fierce competition for 4G licenses

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<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

Fierce competition for 4G licenses

Two new 4G licenses are fetching over Bt74 billion as all the four bidders are fighting fiercely on the second day of auction.

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