True offers shares in BFKT, Real Move to CAT Telecom

Monday 28 February 2011 | 08:07 CET | News
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Thai communications and media group True has offered the rights option to state-owned communications firm CAT Telecom to purchase ordinary shares in its businesses BFKT (Thailand) and Real Move, which have joined with the state agency to develop 3G mobile broadband service, reports The Nation. True subsidiaries Real Future and Real Move offered the option to CAT on 27 January, when they signed twelve deals with CAT on their joint 3G-HSPA service development. According to Real Future's share offer document, it has offered the right to CAT to buy maximum 25 percent shares of its subsidiary BFKT

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Categories: Mobile & Wireless
Companies: CAT Telecom / TRUE / TrueMove
Countries: Thailand
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