About 51.45 billion baht was raised from the auction of three 5G licences of 700MHz range, of three spectra put up for bidding on Sunday.
The range was contested from 9.30 am to 11.58 am by three bidders — Advanced Info Service (AIS), through its subsidiary Advanced Wireless Network (AWN), True Move H Universal Communication (TUC), and CAT Telecom.
The 700MHz range comes with three licences, each containing 5MHz of bandwidth with a reserve price of 8.7 billion baht.
The bidding lasted 19 rounds before the hammer fell, with the final price per lot (licence) at 17.15 billion baht. With three licences available, the total amount was 51.45 billion baht, excluding value-added tax.
The National Broadcasting and Telecommunications Commission (NBTC) has yet to reveal which operators obtained the licences. On this range, each company can bid for up to three lots.