VNN – March 08, 2024 – 18:54

Speaking at the event, Deputy Minister of Information and Communications Nguyễn Huy Dũng said the bidding is a historic day for the telecom sector and the commercialisation of 5G in Việt Nam.

Telecom workers perform a test on 5G mobile networks in Hoàn Kiếm District, Hà Nội. VNA/VNS Photo

HÀ NỘI – Việt Nam’s telecom companies entered a bidding war yesterday over the rights to develop and exploit the country’s 5G 2500-2600 MHz band for the next 15 years. The band, officially designated as B1 during the bidding, had a starting price of VNĐ3.9 trillion (US$158 million).

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