Advanced Info, Total Access Slump on Setback in Thai 4G Bid

  • Biggest mobile operators miss out on new spectrum at auction
  • Winners True and Jasmine fall on concern costs might surge

Advanced Info Service Pcl and Total Access Communication Pcl slumped, pacing a decline for Thai stocks, as the nation’s biggest mobile-phone companies failed to win licenses to provide fourth-generation wireless services at an auction last week.

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