BANGKOK (Reuters) – Thailand’s third-largest mobile operator Total Access Communication PCL (DTAC)
DTAC, which is 43 percent owned by Norway’s Telenor Group
DTAC’s current concession on a separate license the 1800-MHz spectrum from the state-owned CAT Telecom is set to expire in September.
Ratings agency Fitch has said securing the 1800-Mhz spectrum was “crucial” for DTAC because the company had lost market share due to spectrum inferiority.
Thailand, in its first spectrum auction since 2015, is putting up three 15-MHz licences under the 1800 Mhz spectrum, with a reserve price of 37.5 billion baht ($1.17 billion) each. The licences have a 15-year lifetime.
The deadline to submit auction intent is June 15 to participate in auction on August 4.
In May, telco rival True Corporation Pcl
Thailand’s largest mobile operator Advanced Info Service Pcl
(Reporting by Chayut Setboonsarng; Editing by Stephen Coates)
Republished with permission from Reuters