The National Broadcasting and Telecommunications Commission (NBTC) initially set a minimum bid of Bt4.5 billion per five MHz which represents 70 per cent of the total value of the 3G spectrum as evaluated by an ad hoc committee from the Faculty of Economics at Chulalongkorn University.
The committee estimated Bt6.44 billion per five MHz while today’s average bid was Bt4.625 billion per five MHz.