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Friday, April 19, 2024

NT pays first instalment of 700MHz licence fee

Mr Viroj (fifth from right) led NT’s executives on Tuesday as the company made its first instalment payment of 3.6 billion baht to the NBTC.

National Telecom (NT) on Tuesday paid for the first instalment of the 700-megahertz spectrum licence fee, ending speculation that the merged unit of CAT Telecom and TOT may ditch the frequency over concerns about the viability of the 5G business plan.

In last year’s 5G spectrum auction, CAT Telecom surprised the telecom industry as it won two slots on the 700MHz range at a total cost of 34.3 billion baht, while Advanced Wireless Network (AWN), a subsidiary of Advanced Info Service (AIS), secured another slot on the frequency for 17.1 billion baht.

For the 700MHz licence, the winning bidders are obliged to pay the National Broadcasting and Telecommunications…

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