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Viettel, VNPT win Vietnam's first 5G spectrum auctions

The military-run telecom service provider Viettel and the Vietnam Posts and Telecommunications Group (VNPT) have recently won Vietnam's first successful auctions for 5G spectrum licenses, Director General of the Authority of Radio Frequency Management Le Van Tuan told a monthly press conference on April 8.
Viettel, VNPT win Vietnam's first 5G spectrum auctions ảnh 1Director General of the Authority of Radio Frequency Management Le Van Tuan (Photo: VNA)

Hanoi (VNA)♔ – The military-run telecom service provider Viettel and the Vietnam Posts and Telecommunications Group (VNPT) have recently won Vietnam's first successful auctions for 5Gspectrum licenses, Director General of the Authority of RadioFrequency Management Le Van Tuan told a monthly press conference held by the Ministryof Information and Communications in Hanoi on April 8.

In March, Viettel secured the rights to utilisethe B1 band (2,500-2,600 MHz) for the next 15 years following a competitivebidding process that lasted for 24 rounds. This band offers Viettel a potentialcost advantage compared to those acquiring the higher-frequency C2 (3,700-3,800 MHz) and C3 (3.800-3.900 MHz) bands. Additionally,the B1 band's versatility allows it to support both 4G and 5G networks. The VNPT emerged as the winner for the C2 band after 17 rounds of bidding. This mid-range band is a covetedresource for major telecom companies globally thanks to its ideal combinationof bandwidth, speed, latency and investment efficiency. The C2 band iswell-suited for deploying the most advanced 5G network capabilities currentlyavailable. The C3 brand was not auctioned due to a lack of bidders. According to Tuan, theseauctions have marked the first successful spectrum allocation in Vietnam'sradio frequency field in 15 years./.
VNA

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