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Thailand To Hold Auction For 700-MHz Spectrum Licences In Dec

Thailand plans to hold an auction for seven 700-megahertz (MHz) spectrum licences in December, aiming to roll out 5G services in 2020, the country’s telecoms regulator said.

The National Broadcasting and Telecommunications Commission (NBTC) said it would formally announce the bidding and its regulations in April and determine the value of each of the seven licences by December. The licences will be valid for 20 years.

NBTC will release the 700-MHz spectrum and allow licence winners to roll out 5G services in December 2020.—Reuters

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