Thai mobile operator Dtac has agreed to lease 100-115 towers this year from an infrastructure fund that is partly held by its smaller rival True Corp.
The move marks Thailand’s first telecoms infrastructure sharing deal and will help Telenor-owned…
Thai mobile operator Dtac has agreed to lease 100-115 towers this year from an infrastructure fund that is partly held by its smaller rival True Corp.
The move marks Thailand’s first telecoms infrastructure sharing deal and will help Telenor-owned Dtac expand 3G services while reducing operating costs.
True Telecommunications Growth Infrastructure Fund (Truegif), which is 32.55%-held by True Corp, reportedly plans to have 6,000 towers under lease by the end of 2015 through similar deals with other wireless players.
Telcos in the country are under pressure from falling voice revenues and a decision by the military council currently ruling Thailand to delay its 4G auction by a year.
Truegif was spun off in a US$1.8bn listing late last year. The fund comprises various infrastructure assets such as towers and True’s core fibre optic grid.
