Plum Insight: Valuing spectrum in Thailand – what can we learn?

The 900 MHz and 1800 MHz spectrum auctions in Thailand have generated plenty of headlines over the last few months. These have ranged from the initial astonishment at the spectacular prices to the recriminations that followed after new entrant Jasmine failed to pay the licence fee and thus lost the licence it won. Plum was part of the ITU team which advised the NTBC on the value of the two spectrum bands ahead of the auctions. This Insight revisits the findings of our valuation study in light of the auction outcomes to draw important lessons for the future.