BANGKOK (Reuters) – Thailand’s Advanced Info Service Pcl <ADVANC.BK> won 23 spectrum licenses for 5G in auctions on , while Pcl <TRUE.BK> won 17, the country’s telecoms regulator said.

Thailand’s telecoms regulator raised over 100 baht ($3.21 billion) for 48 licenses for 5G services on Sunday, ahead of an commercial rollout later this year.

Total Access Communication Pcl, or DTAC <DTAC.BK>, won two licenses.

Two state-run operators, CAT Telecom and TOT, won two and four licenses, respectively.

(Reporting by Patpicha Tanakasempipat; Editing by Muralikumar Anantharaman)

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