Thai state-controlled CAT Telecom is considering selling mobile networks back to private operators before their concessions expire, reported local newspaper The Nation.
In Thailand, the networks operated by private mobile operators are held by…
Thai state-controlled CAT Telecom is considering selling mobile networks back to private operators before their concessions expire, reported local newspaper The Nation.
In Thailand, the networks operated by private mobile operators are held by government-owned companies CAT and TOT.
These private companies are therefore required to pay about 25% to 30% of their revenues to CAT and TOT to be able to offer telecom services.
DTAC, True, and DPC currently have a concession with CAT, while AIS has a concession with TOT.
In September, True, whose concession expires in 2013, reportedly offered Bt10bn (US$320m) to buy back its network. But it was suggested that CAT rejected the offer deeming it too low.
CAT was not immediately available for comment before the press deadline.
