Author Topic: Thailand's loss from 3G auction 'gigantic'  (Read 547 times)

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Offline thaiga

Thailand's loss from 3G auction 'gigantic'
« on: October 17, 2012, 12:34:28 PM »
TDRI chief says Thailand's loss from 3G auction 'gigantic'



BANGKOK, Oct 17 -  Thailand lost at least Bt16 billion from the Tuesday's auction of 3G licences organised by the National Broadcasting and Telecommunications Commission (NBTC), Thailand Development Research Institute (TDRI) president Somkiat Tangkitvanich charged today.

Expressing disappointment with the auction results, he said total bids were only 2.8 per cent higher than the starting prices set by the NBTC at Bt40.5 billion for nine separate licences.

The total bids were Bt41.65 billion and six licenses were auctioned at the floor price of Bt4.5 billion each.

Though the people will have access to the 3G network from next year, the damages incurred by the state and taxpayers are estimated at Bt16.335 billion, Dr Somkiat said, adding that the three bid winners received ‘windfalls’ for the minimal differences between the auctioned and floor prices, excluding the discount of annual concession fee to be paid to the government at Bt40 billion.

Describing the bid prices as incredibly cheap, the TDRI president said each operator will have to pay only Bt1 billion a year while the fees for 3G service will not be lowered.

It will only boost the operators' revenue, he said.

The three winning operators were Advanced Wireless Network under Advanced Info Service, DTAC Network under Total Access Communication (DTAC),and Real Future under True Corporation.

He said the auction results confirmed the people's belief that the NBTC acted in favour of the private operators, adding that the NBTC's repeated propaganda about competitions among bidders was groundless.

Dr Somkiat said the equal allocations of frequencies to the private operators have deprived competition and that the NBTC has damaged the country by setting unrealistic floor prices.

Such a mistake could have been avoided if the NBTC had listened to cautions and reservations from different quarters in society, he said.

He called on the NBTC to show its accountability for the damages to the state and the public while related government agencies should inspect the case.

The same procedure must not be taken in the future auctions of licenses for 4G spectrum and other frequencies, he said. (MCOT online news)

Without allowing a new guy to the table to enter the market what do you expect
Anyone who goes to a psychiatrist should have his head examined.
 

Offline Baby Farts

Re: Thailand's loss from 3G auction 'gigantic'
« Reply #1 on: October 17, 2012, 05:36:31 PM »
"Describing the bid prices as incredibly cheap, the TDRI president said each operator will have to pay only Bt1 billion a year while the fees for 3G service will not be lowered."

Of course they aren't going to pass the savings along to its customers.

I get H+ on my phone which is faster than 3g and actually considered 4g in some countries. 
 

 



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