MCOT Surges 12% to ฿10.60 after NBTC Compensates ฿6.68bn for 2600MHz!
MCOT surged as much as ฿1.15/share or 12.16% to ฿10.60/share after NBTC announced a compensation for 2600 MHz worth ฿6.68bn.
The share price of MCOT Public Company Limited (MCOT) surged as much as ฿1.15/share or 12.16% to a session high at ฿10.60/share in the afternoon of February 12, 2020, after the announcement of compensation for 2600 MHz.
The National Broadcasting and Telecommunications Commission (NBTC) announced in the afternoon that the Board of NBTC had approved a compensation worth 6,685.1 million baht for MCOT for the returning of 2600 MHz to NBTC. The compensation was 25% higher than what the market had anticipated.
