Vietnam's Ministry of Information and Communications has reportedly approved a plan to auction radio frequencies in the 2500-2600 MHz band for 5G mobile services.
According to VNMedia, among the conditions of the auction plan, winners must deploy at least 3,000 5G broadcasting stations using the 2500-2600 MHz band within two years after receiving the licence. They must also commit to launching commercial 5G services using the band within the first 12 months.
Licencees are also expected to adhere to the MIC’s QoS regulations for local and roaming telecoms services.
The licenses will be good for 15 years. The starting price for a 15-year 2500-2600 MHz licence is VND3.9 trillion (US$163 million). The reservation deposit is VND200 billion.
Last month, the MIC said it would stage a multi-band auction of 5G spectrum in November. In addition to the 2500-2600 MHz band, MIC also plans to sell spectrum in the 700 MHz and 3700 MHz bands. The licences are reportedly expected to be awarded by the end of this year.
Whether Vietnam’s mobile operators – which include Viettel, Vinaphone, Vietnamobile and Mobifone – will actually buy anything remains an open question. Earlier this year, the MIC held an auction for the 2,300-2,400 MHz bands, but all spectrum remained unsold.