Bidding starts for VN's 5G C2 band at VNĐ1.95 trillion

March 19, 2024

In an earlier development, an auction originally planned for frequency 3800-3900 MHz, designated as C3, was called off due to a lack of qualified bidders. Viettel, after winning the previous bid, will not be taking part in other auctions for 5G bands. Some forecasts indicated that by 2030, 5G will bring in US$1.5 billion in revenue for Vietnamese network operators. All eyes are on VNPT, one of the leading mobile networks besides Viettel and today's most likely bid winner. VNPT said it will provide 5G services such as Cloud, IoT, AI, Machine Learning and Data Analytics in the industrial sector, supplying a variety of IoT applications and digital services to the public.

The source of this news is from Vietnam News