Thai operators bid $3.2B on 5G.

Strong interest from operators in Thailand pushed up spectrum prices in an auction which exceeded government expectations, as three lots of the 700MHz band alone generated THB51.4 billion ($1.64 billion) in bids.

State-owned CAT Telecom acquired two of three 5MHz blocks available for THB34.3 billion, which its president Sappachai Huwanan hailed as an important milestone, with the company preparing to use the low frequency band to expand its 4G and 5G coverage, and increase capacity.

He noted the 700MHz band is key for the future as its holding in the 850MHz band expires in 2025





By Joseph Waring.
Full story at Mobile World Live.