Thailand Sells 3G Mobile Licenses After Long Delay
BANGKOK (AP) — Thailand has taken a step toward catching up with neighboring countries in mobile communications technology after holding a long delayed auction for 3G licenses.
(Photo credit: Shutterstock)
Three bidders — subsidiaries of Advanced Info Service, Total Access Communication and True Corp. — on Tuesday won the licenses at prices slightly above the minimum allowed price.
They spent about 41.6 billion baht ($1.4 billion) in total for the auctioned bandwidth compared with the 40.5 billion baht minimum price set by Thailand’s communication commission.
Thailand and Myanmar are the only Southeast Asian countries without third-generation mobile networks. Thailand’s 3G auction in 2010 was thwarted after a court said the organizer lacked the authority to sell the licenses.
The formal auction results will be announced within three days. The licenses will be issued within 90 days.
READ MORE
- The end of TikTok Shop and other social commerce in Indonesia
- Lost in translation: Can AI tools improve?
- Is ChatGPT enabling collaborative decision-making or merely Hobson’s choice?
- NVIDIA and NTT DOCOMO revolutionize telecom services with world’s first GPU-accelerated 5G network
- Sony battles new hack: ‘Is my account safe?’ Echoes among concerned customers