5G auction on 700MHz bags B51bnAn official of the National Broadcasting and Telecommunications Commission shows the 5G bidding on 700MHz at his office on Sunday. (Photo by Wichan Charoenkiatpakul)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 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.

Source: Bangkok Post February 16, 2020 07:07 UTC