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CAT fight almost over

Connectivity BusinessbyConnectivity Business
March 17, 2010
in News
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State-owned CAT Telecom is waiting for approval from the Thai cabinet to take full control of Hutchison CAT Wireless Multimedia, its mobile JV with Hutchison Telecommunications International.
CAT will pay around US$150m for Hutch’s 74%…

State-owned CAT Telecom is waiting for approval from the Thai cabinet to take full control of Hutchison CAT Wireless Multimedia, its mobile JV with Hutchison Telecommunications International.

CAT will pay around US$150m for Hutch’s 74% holding.

Thailand’s National Economic & Social Development Board has already given its blessing to the plan.

Tags: CAT TelecomHutchison CAT Wireless Multimedia (HCWM)
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