Thailand’s National Broadcasting and Telecommunications Commission (NBTC) board has approved a draft document containing the auction conditions for the 700MHz spectrum auction, The Bangkok Post writes. The regulator will tender seven slots of 5MHz each, with 20-year validity. Winning bidders will have to pay a first instalment in the first year (20% of the winning price), with the remaining nine instalments (at 10% each) due from the third year onwards. A public hearing is expected to be held in February, with the auction currently slated for May 2019. Takorn Tantasith, secretary-general of the NBTC, said: ‘Several important details have to wait for opinions from the public hearing before the announcement of official conditions, including reserve price, terms of network rollout requirements, the number of licences, valid terms of licence and payment terms.’
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