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Starting price of 5G network band is 3,983 billion VND

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng27/10/2023


SGGP

The Ministry of Information and Communications has just approved and announced a plan to organize an auction for the right to use radio frequencies in the 2500-2600 MHz band for terrestrial mobile information systems.

According to the plan of the Ministry of Information and Communications, the starting price for the auction of the 2500-2600 MHz frequency band for 15 years of use is 3,983 billion VND; the deposit applied at the auction for this frequency band block is 200 billion VND. The frequency band usage period of the winning enterprise is 15 years.

After two years from the date of being licensed to use the frequency band, enterprises must commit to deploying at least 3,000 5G broadcasting stations using the 2500-2600 MHz frequency band; commit to officially providing terrestrial mobile telecommunications services using the 2500-2600 MHz frequency band no later than 12 months from the date of being licensed to use the frequency band.



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