Telenor ASA — Capital/Financing Update 2018

Aug 19, 2018

Dtac acquires 2x5 MHz of 1800 MHz spectrum

Dtac acquires 2x5 MHz of 1800 MHz spectrum

Telenor's subsidiary in Thailand, dtac, has today acquired 2x5 MHz spectrum in the 1800 MHz band for the reserve price THB 12.511 billion (around NOK 3.2 billion). The payment plan consists of an upfront payment of THB 6.25 billion, followed by two equal installments of THB 3.125 billion in 2020 and 2021. The license is valid for 15 years.