BANGKOK (Reuters) - Thailand's Advanced Info Service Pcl (BK:ADVANC) won 23 spectrum licenses for 5G in auctions on Sunday, while True Pcl (BK:TRUE) 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 (BK:DTAC), won two licenses.
Two state-run operators, CAT Telecom and TOT, won two and four licenses, respectively.