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Wireless

True mulls CAT, TOT network assets acquisition - report

Tuesday 9 December 2014 | 09:13 CET | News
Thai operator True Corp has proposed state-owned operators TOT and CAT Telecom to sell their telecom network assets to the True Telecommunications Growth Infrastructure Fund. The proposal is part of True's strategy of securng a partnership with both state agencies, The Nation reports, citing an unnamed CAT source. CAT and TrueMove, True's mobile phone unit, have been involved in a network ownership dispute involving 9,000 telecommunication towers. To end the dispute, True also wants to acquire these assets, the source added.

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Categories: Mobile & Wireless
Companies: Advanced Info Service / CAT Telecom / TrueMove / TT&T
Countries: Thailand
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