Viettel, VNPT win Việt Nam's first 5G spectrum auctions

April 08, 2024

In March, Viettel secured the rights to utilise the B1 band (2,500-2,600 MHz) for the next 15 years following a competitive bidding process that lasted for 24 rounds. This band offers Viettel a potential cost advantage compared to those acquiring the higher-frequency C2 (3,700-3,800 MHz) and C3 (3.800-3.900 MHz) bands. The VNPT emerged as the winner for the C2 band after 17 rounds of bidding. The C2 band is well-suited for deploying the most advanced 5G network capabilities currently available. According to Tuấn, these auctions have marked the first successful spectrum allocation in Việt Nam's radio frequency field in 15 years.

The source of this news is from Vietnam News

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