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700MHz spectrums go for Bt51.45 billion in 5G auction

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700MHz spectrums go for Bt51.45 billion in 5G auction

By Sirivish Toomgum
The Nation

 

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The auction of three 700MHz licences in the multiband auction on Sunday (February 16) was concluded in the morning with total sales of around Bt51.459 billion.

 

The National Broadcasting and Telecommunications Commission (NBTC) on Sunday began the auction of the three bands.

 

Out of the five bidders in the fray for spectrums being auctioned to provide 5G wireless broadband service, Advanced Wireless Network (AWN) of Advanced Info Service (AIS), TrueMove H Universal Communication (TUC) of True Corp, and CAT Telecom made bids for the 700MHz licences.

The auction was concluded after nearly three hours and 20 rounds of bidding.

 

The competition resulted in each licence going at a final price of Bt17.153 billion, after bidding started at Bt8.792 billion for 2x5MHz bandwidth for each licence.

 

The watchdog will announce details about the winning bidders of the three bands -- 700MHz, 2600MHz and 26GHz -- after concluding the auction.

The watchdog will next auction the 2600MHz spectrum, followed by 26GHz.

 

CAT, AWN and TUC will also bid for the 2600MHz licences.

 

TUC, AWN, DTAC TriNet of Total Access Communication and TOT will bid for the 26GHz band.

 

The NBTC had said earlier that it would auction four spectrums, including 1800MHz. However, none of the bidders showed interest in bidding for the 1800MHz spectrum, leading to auction of the other three spectrums on Sunday.

 

Source: https://www.nationthailand.com/business/30382230

 

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-- © Copyright The Nation Thailand 2020-02-17

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Of course the question always arises.....will any of the winning bidders actually pay....or will it be up to the taxpayer?

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56 minutes ago, ChrisY1 said:

Of course the question always arises.....will any of the winning bidders actually pay....or will it be up to the taxpayer?

Nope, it will be you and me with our mobile fees

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2 hours ago, ChrisY1 said:

Of course the question always arises.....will any of the winning bidders actually pay....or will it be up to the taxpayer?

Indeed. One wonders how many will realise they've been conned refuse payment and surrender their license. It's just another Thai shambles and that will become obvious over time. 5G? Once the licenses have been granted and the barami gained, then it'll be back to business as usual in Thailand.

 

Obviously Thais can't be behind the rest of the world in 5G, too much face to be lost. Better by far to put on a charade and allow it to turn into a debacle later. Normal for Thailand. Wait and see when the wheels fall off, it'll be another triumph for Thai-style management - businesses still using DOS on their computers and banking software that's full of bugs but they've just gotta say "we've got 5G ahead of some farang countries". No matter if it all turns to poop, saying it is the important thing.

 

What a mess this place is. How can you possibly have a 1st-world country with a stone-age population?.

 

 

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Great! were all going to get zapped with 5g whether we like it or not! who wants this 5g, not me for sure given its proven detrimental effects on both humans, insects & animal life! Be nice to be given a choice, have to wonder why they are in such a hurry to introduce 5g, more spyware needing power?

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That amount of money would be enough to feed the whole country breakfast, lunch and dinner for the next 6 years....and supply the tourists with a complimentary Phat Thai as well! 

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14 hours ago, ChrisY1 said:

Of course the question always arises.....will any of the winning bidders actually pay....or will it be up to the taxpayer?

They might pay,but will be   reimbursed if things do not work out,

as has happened  with the TV licenses,there always seems to be a way out.

regards worgeordie

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