Jasmine misses 4G licence payment deadline

Tuesday 22 March 2016 | 10:42 CET | News
Thai mobile operator Jasmine International failed to show up at the telecom regulator on 21 March in time for the deadline to make its first instalment on the THB 75.57 billion (USD 2.1 billion) 4G mobile licence it won late last year. Jasmine said it expected financial support from a Chinese partner with backing from a Chinese commercial bank. This unnamed "sizeable operator", which was interested in investing in Jas Mobile, was still awaiting approval from Chinese regulators for the investment, and this is not expected to come until mid-April. As a result Jas was unable to obtain the THB 72

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Categories: Mobile & Wireless
Companies: Jasmine International
Countries: Thailand
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