CAT Telecom, the state owned telecommunications firm in Thailand, is reportedly planning to launch its 3G services under the brand name ‘My’ by January next year. According to reports, the operator is also planning to present a proposal to its board members, allowing concessionaires to buy back their mobile network before the expiration of the contract.
As per sources, the ministry of Information Communications Technology (ICT) has permitted CAT to draft its network sales plan. Reports reveal that TrueMove, DigitalPhone and DTAC are operating services based on concessions from the state owned operator. TrueMove had reportedly made an offer of US$ 318.4 million for its mobile network, which was considered to be less by CAT.
The concession contracts for TrueMove and DigitalPhone are expected to end in 2013 whereas DTAC’s concession contract expires in 2018, after which they will have to transfer their networks to CAT Telecom as per the build-operate-transfer agreement.
