Thailand’s AIS wins 23 spectrum licenses for 5G, True bags 17: regulator

Customers wait for service at the AIS shop in  Bangkok
FILE PHOTO: Customers wait for service at the AIS shop in Bangkok, Thailand, February 25, 2016. Picture taken February 25, 2016. REUTERS/Athit Perawongmetha/File Photo

February 16, 2020

BANGKOK (Reuters) – Thailand’s Advanced Info Service Pcl <ADVANC.BK> won 23 spectrum licenses for 5G in auctions on Sunday, while True Pcl <TRUE.BK> won 17, the country’s telecoms regulator said.

Thailand’s telecoms regulator raised over 100 billion baht ($3.21 billion) for 48 licenses for 5G services on Sunday, ahead of an expected commercial rollout later this year.

Total Access Communication Pcl, or DTAC <DTAC.BK>, won two licenses.

Two state-run operators, CAT Telecom and TOT, won two and four licenses, respectively.

(Reporting by Patpicha Tanakasempipat; Editing by Muralikumar Anantharaman)