CTU cancelled the previous auction after excessive bidding inflated the price of frequencies – with combined bids exceeding $1 billion and rising – as it feared it would translate into “excessive charges for fast mobile internet”.
Changes to the process include making a reserve block of 2x10Mhz in the 800Mhz band available for a new market player and increasing the block in the 1800Mhz band from 2x15.6 to 2x15.8Mhz.
The main objective of the auction, according to CTU, is to support the roll out of LTE and the eventual entry of a fourth operator into the market.
The new conditions are open for comment until May 8 and the auction is expected to start in June.
