Mobile LTE picks up bid papers for 900-MHz auction

08 Oct 2015
00:00

The Thai startup known as Mobile LTE has become the fifth company to express a formal interest in participating in the planned 900-MHz 4G auction due to take place in December.

Mobile LTE pick up bidding documents from regulator NBTC this week, the Bangkok Post reported.

Four companies - through various subsidiaries - have already requested bidding documents for the auction, which is due to take place on December 15.

These are AIS subsidiary AWS, DTAC units DTAC TriNet and DTAC Broadband, True Corp's True Move H and Hutchison Thailand and Jasmine International's Jas Mobile Broadband.

Only two 900-MHz licenses will be allocated in the auction, so if every company picking up documents participates bidding is expected to be fierce. Each license will include a 10 MHz spectrum allocation.

Each bidder will need to pay a 500,000 baht ($13,900) entry fee and a deposit guarantee worth 5% of the 12.9 billion baht reserve price.

A separate 1800-MHz 4G auction is scheduled to take place next month. Jas Mobile Broadband, Dtac Trinet, AWS and True Move H have picked up bidding documents for this auction as well.

Mobile LTE was founded last year by a group of investors including Thailand's Advanced Information Technology. The company is reportedly aiming to be selected as the private partner for state-owned TOT's 4G rollout.

Related content

Comments
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.