Thai operator True Move launched 5G services after paying the first instalment on newly acquired spectrum, making it the second operator in the country to introduce the next-generation technology.
In a stock market filing yesterday (16 March), the operator said it received a 2.6GHz spectrum licence from the National Broadcasting and Telecommunications Commission after making the required 10 per cent payment of the purchase price and putting down a bank guarantee for the remaining amount with the regulator.
True Move, the second-largest operator in the country by subscribers, acquired 90MHz of 2.6GHz spectrum and 800MHz in the 26GHz band for THB21.45 billion ($668 million) in an auction last month.
Sarit Jinnasith, co-president of True Move, said the board will set a budget for the 5G rollout this month, Bangkok Post reported.
After running 5G trials in 2019, the operator deployed 400 5G base stations using the 2.6GHz band. Subscribers on unlimited data plans will be offered free service upgrades.
Market leader AIS started 5G service using the 2.6GHz band after making its first spectrum payment on 21 February.
The company set aside a preliminary budget of THB10 billion to THB15 billion for its rollout over the next 12 months and said the next-generation service is available in major cities across the country.Subscribe to our daily newsletter Back