Vietnam to auction new 4G spectrum as telecom speeds fall

  • Vietnam will auction a new high-frequency 4G spectrum since the existing one has been almost fully taken resulting in lower speeds.
  • The auction will be open to existing network operators and new ones, if any, and winning bidders need to start operating within two years or lose their license.
  • Vietnam’s internet speed ranks 75th in the world, lower than Malaysia and Thailand, according to a report by internet performance database M-Lab released in 2019.

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