For the 850MHz spectrum, the bidding will start at 37.98 billion baht and increase in 76-million-baht increments. The NBTC has set "very high" penalties for winners that default on their first licence instalment, he said. "Such high fines will make the possibility of default less threatening to the state," Mr Takorn said. "Two months ahead of the expiry date of DTAC's concession is a proper period to allow customers to transfer and avoid service disruption," Mr Takorn said. Mr Takorn said only one qualified bidder has signed up for the 850MHz auction.

Source: Bangkok Post November 01, 2017 22:41 UTC