(HNMO) - The Property Auction Service Center under the Hanoi Department of Justice - the unit selected to organize the auction of assets which are the rights to use radio frequencies for the 2300-2400 MHz band - has issued 3 auction notices for 3 frequency blocks A1 (2300-2330MHz), A2 (2330-2360MHz), A3 (2360-2390MHz). The above three frequency blocks belong to the 2300-2400MHz band planned by the Ministry of Information and Communications for the IMT terrestrial mobile information system (4G, 5G technology) of Vietnam.
In this announcement, in addition to information on the name of the auctioned asset; frequency band usage period; purpose of use; conditions for frequency band usage; origin of the asset; documents on ownership and usage rights for the auctioned asset, the Asset Auction Service Center has provided specific information on the time and location of the auction of the asset, which is the right to use radio frequencies for the 2300-2400 MHz frequency band.
Specifically, from April 19 to 5:00 p.m. on May 12, 2023, businesses can purchase auction participation documents (for frequency block A1); from April 19 to 5:00 p.m. on May 22, 2023 (for frequency block A2); from April 19 to 5:00 p.m. on May 30 (for frequency block A3) at the headquarters of the Property Auction Service Center, address No. 2 Quang Trung, Yet Kieu Ward, Ha Dong District, Hanoi. The starting price is over VND 5,798 billion/block. The auction winner must bear all fees, charges, and other financial obligations according to relevant regulations...
The announcement also stated that the starting price is 10 billion VND; the deposit before participating in the auction is 580 billion VND and the auction participants pay the deposit by bank transfer to the account of the auction organizer (Property Auction Service Center) according to regulations.
Time for deposit payment: from May 10 to 5:00 p.m. on May 12, 2023 (block A1); from May 22 to 5:00 p.m. on May 24, 2023 for block A2; from May 30 to 5:00 p.m. on June 1, 2023 for block A3.
Enterprises that have won the auction for a frequency block in the 2300-2400MHz band are not allowed to participate in the auction for other frequency blocks in this band.
Time for reviewing dossiers eligible to participate in the auction with the A1 band (2300-2330MHz) is 9:00 a.m. on May 15, 2023 at the headquarters of the Radio Frequency Department (115 Tran Duy Hung, Cau Giay District, Hanoi). Time for announcing the list of customers not eligible to participate in the auction is 1:00 p.m. on May 15, 2023 at the auction venue. At exactly 3:00 p.m. on May 15, 2023, the auction will be conducted by direct voting at the auction according to the ascending price method.
Similarly, with the A2 frequency block (2330-2360MHz), after reviewing the documents eligible to participate in the auction; announcing customers who are not eligible to participate in the auction; at exactly 3:00 p.m. on May 25, 2023, the auction will be held at the headquarters of the Radio Frequency Department.
For the A3 frequency block (2360-2390MHz), the auction will be held at the headquarters of the Radio Frequency Department at 3:00 p.m. on June 2, 2023.
As previously reported by Hanoi Moi Newspaper, Deputy Minister of Information and Communications Pham Duc Long signed and issued Decision No. 219/QD-BTTTT dated February 21, 2023 approving the plan to organize the auction of radio frequency usage rights for the 2,300-2,400MHz band. Enterprises participating in the auction of the 2,300-2,400MHz band can deploy telecommunications networks and services using IMT-Advanced (4G) or IMT-2020 (5G) technology, according to the principle that whichever technology is deployed will apply the requirements for deploying telecommunications networks with the corresponding technology (IMT-Advanced, IMT-2020).
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