Connect with us
CGIF-10th-Year-Anniversary

Business

Lack of transparency set to delay Thailand’s 3G auction

Good News ! It looks like Thailand is now well set to have its 3G network working for 2015, when the AEC free trade zone will kick in. Thailand’s 3G magnificent soap opera is still rolling, for the entire benefit of some big fat cats you will never know.

Boris Sullivan

Published

on

TRUE truemove 3G

Good News ! It looks like Thailand is now well set to have its 3G network working for 2015, when the AEC free trade zone will kick in. Thailand’s 3G magnificent soap opera is still rolling, for the entire benefit of some big fat cats you will never know.Who cares for transparency anyway ? 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.

TRUE truemove 3G

In the end, the botched 3G auction seemed to have been just a convenient, but costly, way to get rid of any private or foreign competitors to enter the game.

TOT Plc may have to postpone its planned auction for its nationwide third-generation 3G wireless broadband expansion in the wake of allegations by some bidders of unfair treatment and poor transparency.

One possible explanation of 3G fiasco may be that Private operators in Thailand currently operate second-generation mobile-phone services under concessions granted by either TOT or CAT Telecom, which require revenue sharing of around 20%-30% with the state companies. With the new 3G concessions, the share would drop to a mere 5%

Chuti Krairiksh, the Information and Communications Technology minister, admitted he could not guarantee that the auction for the project worth almost 20 billion baht could take place on Friday as scheduled.

Ericsson of Sweden and ZTE Corporation of China last week accused the state telecom enterprise of being non-transparent, after TOT announced that the two contenders had been tentatively ruled out after preliminary screening.

In the end, the botched 3G auction seemed to have been just a convenient, but costly, way to get rid of any private or foreign competitors to enter the game.
Comments

Business

Online intellectual property dispute platform to go live next year

The online dispute settlement platform for intellectual property cases will assist with cases related to copyright, patents, and trademark infringements using digital technology.

National News Bureau of Thailand

Published

on

Pantip Plaza Electronic display

BANGKOK (NNT) – The Department of Intellectual Property has introduced its online dispute settlement services covering intellectual property cases that it developed with the Thai Arbitration Institute.

(more…)
Continue Reading

Business

Thailand pushes for “Ease of Doing Business” reforms

Thailand is in the process of responding to the World Bank’s advice and the “Ten for Ten” proposal by five ambassadors to Thailand, according to Deputy Prime Minister and Minister of Energy Supattanapong Punmeechaow.

Olivier Languepin

Published

on

The government has made improving the business environment in Thailand a key policy by setting a goal to raise the ranking of the ease of doing business to be among the top 20 countries in the world.

(more…)
Continue Reading

Business

Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

Pr News

Published

on

By

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending