True, Jasmine win 900 MHz auction in Thailand

News Wireless Thailand 21 DEC 2015
True, Jasmine win 900 MHz auction in Thailand

True and Jasmine have won the 900 MHz auction in Thailand, the National Broadcasting and Telecommunications Commission announced. Jasmine International, which is not yet active in the mobile market, will pay THB 75.654 billion (EUR 1.926 billion) for the rights to the frequencies 895-905 MHz paired with 940-950 MHz. Mobile operator True Move will pay THB 76.298 billion for 905-915 MHz paired with 950-960 MHz. 

The results of the five-day auction well exceeded the regulator's reserve prices for the spectrum. Mobile operators AIS and Dtac also participated in the auction, but did not win any licences. The 15-year licences require the operators to cover 50 percent of the population within four years and 80 percent within eight years. They will have 90 days to fulfil the final conditions of the auction before receiving the licences. 

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