June 15 was the last day for companies to apply for the spectrum licensing to the Office of National Broadcasting and Telecommunications Commission (NBTC).

Lars Norling, CEO of DTAC, was quoted in the release saying: “DTAC has considered the auction carefully and concluded that DTAC currently has enough high-band spectrum to handle the growth of data services. Moreover, the auction conditions did not allow for long-term value creation for our customers and shareholder.”

He pledged to ensure the company held sufficient spectrum to serve the growing needs of its customers.

The company in April urged the NBTC to revise the rules for the auction, including lowering the reserve price and substantially reducing the size of the spectrum block to reflect Thailand’s customer demand and to ensure a level of efficiency in line with neighbouring countries and encourage new entrants.

True Corp on June 7 informed the Stock Exchange of Thailand its decision to abstain from this auction. True announced in May it would not take part in the bidding, given that its existing 55MHz spectrum bandwidth was enough to maintain its comparative advantage in the long run.