Hutchison Telecommunications International Ltd gives consent to vend its stake in a Thai mobile joint venture, Hutchison-CAT Wireless Multimedia, to local partner CAT Telecom. CAT’s President Phisal Jorpocha-udom has confirmed the news. No financial details have been disclosed yet. Hutchison Telecom owns 75 pct of the joint venture, with the remaining 25 pct held by CAT. In 25 Thai provinces, Hutchison-CAT Wireless Multimedia offers a Code Division Multiple Access (CDMA) 2000 1x cellular service with more than one million subscribers.
Wireless Federation » archive for 'Hutchison Telecommunications'
Hutchison agrees to vend stake in Thai mobile JV (Hong Kong)
- November 19th, 2008
- 5:36 am
