Thai 1800-MHz 4G auction could have 4 bidders

01 Oct 2015
00:00
News
Daily News

Four Thai companies have applied for bidding documents for the upcoming 1800-MHz 4G auction due to take place in November.

Jasmine Group subsidiary Jas Mobile Broadband, Dtac's Dtac Trinet, AIS unit AWS and True Corp unit True Move H Universal Communications have all applied to bid in the auction, the Bangkok Post reported.

The auction of 4G-capable spectrum is due to take place on November 11 following a practice run the previous week.

Two 18-year licenses to 15 MHz of spectrum in the 1800-MHz band will be auctioned off. If at least three companies submit applications to take place in the auction, the reserve price will be set at at 15.91 billion baht ($437.56 million), but if there are only two the reserve will be 19.89 billion baht.

Regulator NBTC's decision to adopt a multi-tiered reserve price appears to be an attempt to avoid a repeat of the 2.1-GHz 3G auction from 2012, which ended with a mere 2.8% premium over the reserve price due to a lack of competition for the licenses.

The regulator is planning to conduct a separate 900-MHz 4G auction in December, and has set the reserve price for this band at 12.9 billion baht.

Related content

Comments
No Comments Yet! Be the first to share what you think!