Director General of the Authority of Radio Frequency Management Lê Văn Tuấn. — VNA/VNS Photo

HÀ NỘI — The Viettel and the Vietnam Posts and Telecommunications Group (VNPT) have recently won Việt Nam's first successful auctions for 5G spectrum licenses.

The information was announced by Director General of the Authority of Radio Frequency Management Lê Văn Tuấn in a monthly press conference held by the Ministry of Information and Communications in Hà Nội on April 8.

In March, Viettel secured the rights to utilise 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.

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 Tuấn, these auctions have marked the first successful spectrum allocation in Việt Nam's radio frequency field in 15 years. — VNS