Thailand’s National Telecommunications Commission (NTC) has announced that the reserve price for a 3G mobile licence will be in the range of THB3.3 billion to THB6.6 billion (USD100 million to USD200 million) when an auction is launched later this year, writes the Bangkok Post. Choochart Promprasit, the chairman of the regulator, said the prices would be submitted to the NTC board for approval on Wednesday along with the draft 3G auction rules and comments added by the prime minister. He said the prices were based on criteria including industry data, auction prices in other countries, prices of spectrum that state-owned telco TOT had returned to the NTC, and the cost of the 3G spectrum that TOT bought from its sister company CAT Telecom as part of the transferral of ownership of cellular unit Thai Mobile. The chairman confirmed that the auction would be for four licences with a total of 45MHz spectrum. Three licences would be for 10MHz each and one for 15MHz, which would have a higher minimum reserve price. The NTC will hold its next public hearing on the licensing on 29 October to respond to questions industry executives raised at the first session on 28 September.