TRUE WILL NOT PARTICIPATE IN THE UPCOMING 900MHZ FREQUENCY AUCTION AS ITS EXISTING SPECTRUM PORTFOLIO ENABLE TRUE TO OFFER OPTIMUM MOBILE COVERAGE AND SERVICES, AND TO HELP BRING ABOUT OPPORTUNITIES FOR FREE COMPETITION IN THE INDUSTRY FOR THE BENEFIT OF THAI CONSUMERS
Bangkok - May 17, 2016: True’s Board of Directors yesterday resolved not to participate in the upcoming 900MHz frequency auction on May 27, 2016. True Group currently has the most comprehensive spectrum portfolio with the largest bandwidth totaling 55 MHz. The ideal combination of low-band and high-band frequencies, comprising 900, 1800, 2100 and 850MHz (under CAT Telecom), addresses all market segments and ecosystems with superior 4G, 3G and 2G networks nationwide. The decision not to join the auction reflects its intention to bring about opportunities for free competition, which will best benefit the Thai consumers.
