Thailand's telecoms regulator extends 4G auction time

Thailand's telecoms regulator on Wednesday has extended auction time for two licenses of fourth generation (4G) mobile spectrum after almost 10 hours of bidding that pushed up a combined prices to more than 49 billion baht ($1.37 billion). Thailand's top mobile operators have bid aggressively to win licenses for bandwidth on the 1800 MHz frequency with base prices of 15.91 billion baht per license. The National Broadcasting and Telecommunications Commission (NBTC) initially planned to close the