Car importer Win Win fails to gain approval for spectrum contest on lack of deposit.

Thailand’s three major telecommunication companies have, via their units, been given initial approval to take part in the auction for licenses for third generation services, the National Telecommunication Commission, or NTC, said Tuesday.

Advanced Wireless Network, a unit of Advanced Info Service PCL, DTAC Internet Service, a unit of Total Access Communication PCL, and Real Move, a unit of True Corp, have all been given the approval after applying to participate, an official at the NTC said.

An application from car importer Win Win NGV was disqualified due to its failure to present the required guarantee deposit of THB1.28 billion ($41 million).

In the first round of the auction, to kick off on Sept. 20, the regulator will only grant up to two licenses as there will be a shortage of applicants for more than that to ensure a competitive process.

Total Telecom