True Move, Thailand’s second largest wireless operator by subscribers, has confirmed that it will not participate in the 1800MHz spectrum auction scheduled for August, claiming that it has sufficient bandwidth in a number of spectrum bands to provide its services. The company also said that the THB37.45 billion (USD1.16 billion) minimum reserve price would create an excessive financial burden for the operator.
As previously reported by TeleGeography’s CommsUpdate, the National Broadcasting and Telecommunications Commission (NBTC) launched the 1800MHz spectrum pre-auction process on 26 April. The NBTC will auction three blocks (2×15MHz each) with a reserve price of THB37.45 billion (USD1.2 billion), valid for 15 years. All interested bidders are invited to submit their applications on 15 June, with the NBTC scheduled to announce the qualified bidders by 2 August; the tender itself will be held on 4 August. All bidders must deposit THB1.87 billion as a bid guarantee to participate in the tender. If only one bid is received, the regulator will postpone the auction for 30 days and if no applications are received during the grace period, one concession will be auctioned to the bidder at a ‘one-time increment of THB75 million on the THB37.45 billion reserve price’.