Thailand’s 4G auction delay could cause loss of $4 billion

Analysts are warning that Thailand’s decision to suspend its 4G mobile licence auction could cause a loss of $4 billion to the market.

The 4G auctions have been postponed for a year by the country’s interim military government while its processes are reviewed. The government has stated that the delay is necessary to enable a fully transparent auction.

However, according to the Bangkok Post, Marc Einstein – industry principal in digital media and mobile operations at Frost & Sullivan – has said the suspension could lead to a $1 billion loss in 4G network investment and an additional $3 billion in losses to productivity.

He also said the delay would make it harder for operators to handle increasing volumes of mobile data, slowing down the development of digital applications and content.