Thailand's Advanced Info Service Pcl <ADVANC.BK> won 23 spectrum licenses for 5G in auctions on Sunday, while True Pcl <TRUE.BK> won 17, the country's telecoms regulator said.
Thailand's telecoms regulator raised over 100 billion baht ($3.21 billion) for 48 licenses for 5G services on Sunday, ahead of an expected commercial rollout later this year.
Total Access Communication Pcl, or DTAC <DTAC.BK>, won two licenses.
Two state-run operators, CAT Telecom and TOT, won two and four licenses, respectively.
(Reporting by Patpicha Tanakasempipat; Editing by Muralikumar Anantharaman)
