The price was approved yesterday by an NBTC sub-committee. It will be used for the 3G auction in the fourth quarter of this year.
The sub-committee will submit the reserve price to the telecommunications committee today, before passing it to the NBTC board for approval on Wednesday.
The reserve price will be part of the information memorandum aired in a public hearing before being published in the Royal Gazette by August.
The group selected an initial valuation for the 2.1-MHz spectrum of 6.44 billion baht for a 5-MHz slot. The working group proposed a reserve price at 70% of the valuation price.
Bidders have to place 1.35 billion baht as a minimum guarantee before joining the auction.
The auction will offer nine slots on the spectrum each containing 5 MHz of bandwidth. The event will feature simultaneous ascending-bid auctions. Each participant can gather a maximum bandwidth of 20 MHz.
The NBTC also held a mock 3G auction yesterday. The event drew almost 100 participants from relevant parties, which allowed them to learn the rules and mechanisms before the real auction takes place. Twelve teams were grouped to learn the rules of the trial auction.