Telecom executives say that next year will be a chaotic time for the industry, with many uncertainties, conditions that they say are unfair, and looming legal challenges.
These stem from the absence of the 3G-2.1GHz spectrum licences, the effect of the new frequency allocation law, which kicked started the formation of the National Broadcasting and Telecommunications Commission NBTC, and the unsolved cases of the allegedly unlawful concession amendments.
In effect, Thailand failed to witness huge investment on 3G infrastructure, estimated to value between Bt50 billion to Bt100 billion over a three-year course. The Kingdom is now pinning its hopes on better broadband services from state-owned agencies – CAT Telecom and TOT – which are busily building up their capacity on existing spectrum bands.
With 3G granted to state monopoly, private companies will now have to approach TOT and CAT if they want to take part in this new, lucrative market, without clear and transparent rules
The long-delayed 3G service license auction has made Thailand among the last countries in Southeast Asia to fully deploy advanced wireless technology. The process has repeatedly been delayed due mainly to the absence of an independent body to regulate broadcasting frequencies, as well as changes in state administrations.
Stable outlook for APAC sovereigns as growth rebounds and debt stabilizes
Economic growth rates in Asia-Pacific are broadly rebounding and debt burdens stabilizing, giving rise to a stable outlook for sovereign creditworthiness in 2022. Still, the pace of recovery differs vastly, and some economies will experience deep economic scarring, according to a new report by Moody’s Investors Service.
Economic growth rates in Asia-Pacific are broadly rebounding and debt burdens stabilizing, giving rise to a stable outlook for sovereign creditworthiness in 2022. Still, the pace of recovery differs vastly, and some economies will experience deep economic scarring, according to a new report by Moody’s Investors Service.(more…)
China’s economy stumbles on power crunch
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.(more…)
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