Thailand's 4G auction raises $2.25b from True Corp, AIS group cos

Thailand's 4G auction raises $2.25b from True Corp, AIS group cos

The presser at NBTC's headquarter after the auction has completed

After a 30-hour prolonged bidding marathon, True Move H Universal (of True Corp) and Advanced Wireless Network (of AIS) have been announced as the winning bidders for Thailand’s fourth-generation (4G) spectrum auction, which was closed at 80.778 billion baht ($2.25 billion) in the 86th round.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter