In March, Viettel secured the rights to utilize the B1 band (2,500-2,600 MHz) for the next 15 years following a competitive bidding process that lasted for 24 rounds. This band offers Viettel a potential cost 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.

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Director General of the Authority of Radio Frequency Management Le Van Tuan

The VNPT emerged as the winner for the C2 band after 17 rounds of bidding. This mid-range band is a coveted resource for major telecom companies globally thanks to its ideal combination of bandwidth, speed, latency and investment efficiency. The C2 band is well-suited for deploying the most advanced 5G network capabilities currently available.

The C3 brand was not auctioned due to a lack of bidders.

According to Tuan, these auctions have marked the first successful spectrum allocation in Vietnam's radio frequency field in 15 years.

Source: VNA