Final Draft for 3G License Auction Approved
6 July 2010
The National Telecommunications Commission (NTC) of Thailand has approved the final draft of rules regulating the auction of third-generation (3G), 2.1-gigahertz licensing.
In this latest draft, the reserve price for the 3G license is Bt 12.8 billion, an increase from the previous draft’s Bt10 billion. The NTC intends to auction three such licenses, which include 15 megahertz of bandwidth and a term of 15 years.
All three licenses will be auctioned if there are at least four qualified bidders; two licenses if three bidders, one license if two bidders and no auction if only one bidder. This method is intended to prevent market dominance and collusion among bidders.
Further, the draft makes efforts to prevent dominance of foreign firms and to safe guard against the use of Thai nominees. True is the only significant telecom operator without a foreign strategic partner.
Once the draft has been published in the Royal Gazette, there will be a 30 day period for companies to submit applications to participate in the auction. |