SingTel

[KopiKat]

"Thailand's three biggest telecoms operators bid a total of 41.63 billion baht ($1.7 billion) on Tuesday for the radio frequencies required for the introduction of faster third-generation mobile services. Market leader Advanced Info Service, which is 21% owned by SingTel, offered a combined 14.63 billion baht ($581 million) for three slots with the highest price put at 4.95 billion baht." - The Edge Singapore

http://www.theedgesingapore.com/the-dail...-olam.html

SGX Annc - they won the auction, subject to fulfilling some conditions within 90 days.

Further issue in the pipeline

Thai finance ministry calls for 3G auction probe
http://www.channelnewsasia.com/stories/a...84/1/.html

3 blocks each, 3 bidders, sounds more like common sense or good biz sense to bid at the minimum reserve price.... Collusion? Sounds more like the ministry in charge of the auction was either expecting more bidders or had not done their due diligence....