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Thailand sells 5G spectrum as auctions mount up in south east Asia

Thailand has just completed its first 5G auction, as spectrum sales mount up in south east Asia. The auction raised a total of $3bn. The largest MNO, SingTel-owned AIS, was the biggest winner, buying 23 licences across all three bands on offer – 700 MHz, 2.6 GHz and 26 GHz. The second largest MNO, China Mobile-backed True, won 17 licences, while the third operator, Telenor’s DTAC, won just two. The two state-owned MNOs, CAT and TOT, which are soon to merge, gained six licences between them, two in 700 MHz. The auction raised 100bn baht ($3.21bn), with most value coming from the 700 MHz band, which is valued for its cost-efficiency in achieving broad coverage. This band attracted 51.5bn baht…

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