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Bloomberg
Thailand plans to sell three 700 megahertz spectrum licenses for a total of about $1.7 billion as part of an effort to develop fifth-generation wireless services.
The sale at a fixed price of 17.6 billion baht each will take place on June 19, Takorn Tantasith, the secretary general of the National Broadcasting & Telecommunications Commission, said in Bangkok. The goal is for each of the top operators to buy a permit, he said.
Thailand’s military government has offered to delay about $4.8 billion of payments due from next year for 900 megahertz licenses if operators take part in the 700 megahertz sale. Takorn said while some people may view the price for the latter as high, the regulator had to use previous auctions.