Thailand's National Telecommunications Commission (NTC) has announced that the reserve price for a 3G license has been set in the range of THB3.3 billion to THB6.6 billion (US$100 million to US$200 million) in preparation for an auction later this year, writes the Bangkok Post. Choochart Promprasit, the chairman of the regulator, said the prices would be submitted to the NTC board for approval on Wednesday along with the draft 3G auction rules.