Thailand raises $3.2bn in 5G licence auction

Thailand raises $3.2bn in 5G licence auction

Thailand has raised more than $3.2 billion in an auction of 5G licences, as operators race to snap up high-frequency spectrums needed for a commercial rollout of the next-generation technology. A subsidiary of Advanced Info Services, the country’s top mobile operator, dominated Sunday’s bidding, securing 23 of the nearly 50 licences up for grabs. Governments
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Source: Thailand raises $3.2bn in 5G licence auction