Roughly 500 million baht is expected to be generated from the auction of 71 radio frequency ranges used for FM broadcasting by radio stations, scheduled to take place on Monday, according to the National Broadcasting and Telecommunications Commission (NBTC).
The event is part of a transformation from a state-owned frequency holding system to a licensing regime, which is due to start on April 4, according to the NBTC's master plan for radio broadcasting.
NBTC acting secretary-general Trairat Viriyasirikul said the regulator originally allotted 74 radio frequency ranges for auction. However, one of them had no bidder and another two saw interested bidders fail to place bank guarantees for the auction.
