TOT to hold e-auction for 3G network contracts in Jan (Thailand)

Thailand’s TOT PCL is planning to hold an electronic auction for US$580.8 million worth of equipment and installation contracts for its 3G mobile phone network on Jan. 28.
According to Senior Executive Vice President Kamthon Waithayakul, TOT aims to sign contracts with the winners around Feb. 15-18. The sale of bidding applications, which has been postponed from end-November due to delays in preparing the terms of references, is expected to take place within this week.
TOT’s total investment budget of US$0.67 million for the 3G network project was approved by the country’s cabinet in September after a court issued an injunction to freeze a planned auction of licenses by industry regulator, the National Telecommunications Commission, to private operators for the 2.1 gigahertz spectrum.
Article via wirelessfedration