AIS Acquires 700 MHz Spectrum License From NT for 5G Expansion in Thailand

Advanced Wireless Network (AWN), a 99.99 percent subsidiary of Thailand’s telecommunications company, Advanced Info Service (AIS), has entered into a spectrum agreement with National Telecom Public Company (NT). In an exchange filing earlier this week, AIS announced that AWN secured a license for the 700 MHz spectrum for telecommunications services. This acquisition comes through an agreement with NT and has received the green light from the National Broadcasting and Telecommunications Commission (NBTC).

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Key Spectrum Details

As per the statement from AIS, the 700 MHz spectrum is known for its wide coverage and suitability for 5G. The spectrum includes the frequency range 738-743 MHz pair with 793-798 MHz, totalling a 2×5 MHz bandwidth. This spectrum license is valid until March 31, 2036, and holds a total value of THB 14,866 million. AWN will make a spectrum transfer payment to NT and fulfil annual spectrum instalments to NBTC as part of the deal.

Enhanced 5G Services

With this acquisition, AWN now possesses a total of 2×20 MHz of 700 MHz spectrum, complementing its existing 2×15 MHz allocation. This expanded spectrum portfolio enables AWN to expand its 5G service coverage, offering better connectivity, especially in high-rise buildings, and enhancing overall network capacity to meet the surging demand for 5G services.

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According to the statement, the transaction is classified as an asset acquisition and represents 4.55 percent of AIS’s total assets as of June 30, 2023, considering the total value of consideration within the last 6 months.