Thailand: Jasmine, True Corp bid $4.2b to win marathon 4G auction on 900MHz

Thailand: Jasmine, True Corp bid  $4.2b to win marathon 4G auction on 900MHz

True Move H's 4G promotion banner

Jasmine International Plc (JAS) and True Corp won Thailand’s auction of two fourth-generation telecom licences on the 900MHz spectrum, ending an 87-hour-long battle.

The auction was over at 12.15 am on the fifth day with the final prices of the two licences of 151.95 billion baht ($4.2 billion).

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