CONDITIONS FOR PARTICIPATING IN AUCTIONS OF TELECOMMUNICATIONS CODES AND NUMBERS
The Prime Minister issues the Decision No. 16/2021/QD-TTg prescribing the auction and transfer of the right to use the telecommunications number storage and Internet domain names on March 30, 2021.
Accordingly, conditions for participating in an auction of telecommunications codes and numbers include: Enterprises and organizations established under Vietnamese laws must satisfy financial and technical requirements appropriate for each type of telecommunications code and number to be put on auction in accordance with the master plan and regulations on management of telecommunications number storage; Having a commitment to put telecommunications codes and numbers into use and exploitation for at least 06 months after winning the auction; Relevant financial obligations must be fulfilled before participating in the auction; etc.
Besides, the property auction organization or property auction council shall not organize an auction and refund the advance payment to the auction participants in the following cases: The competent State agency issues a written request for suspending the auction before the date of auction; There is only one person registering for participating in the auction, or there are many people registering but only one of them participating in the auction.
This Decision takes effect on June 01, 2021.
