Based on a meeting between the Information and Communications Technology Minister Ranongruk Suwanchawee and state enterprises -TOT and CAT Telecom on October 2, the ICT minister has concluded that she wants the National Telecommunications Commission (NTC) to review and delay the 3G license auction. The key concerns are the loss of state enterprise concession revenue, the entrance of foreign operators and regulations that could prohibit both TOT and CAT from bidding for the new 3G licenses. (TOT already has a 3G license and the 1.9GHz spectrum, while CAT has the Ministry of Finance as a same shareholder as TOT)
ICT Minister wants to delay the 3G license auction
You Might Also Like
Southeast Asia's economic future looks promising, largely due to its demographic advantage. With a young and dynamic workforce, a burgeoning middle class, and rapid urbanization, the region is poised for sustained growth and development in the coming years. Discover how these factors contribute to Southeast Asia's bright economic prospects.
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...