The Information and Communications Technology (ICT) minister has stated that he is prepared to submit his proposal to the cabinet to invite foreign telecom firms to take over the concessions of local mobile operators if they fail to pay compensation for past concession amendments.
According to Juti Krairiksh, the proposal would apply to all three mobile operators- Advanced Info Service (AIS), DTAC and True Move, if compensation negotiations fail.
The minister and executives of TOT Plc met in Spain last month with executives of eight international telecom companies to discuss the possibility of selling the concession of mobile leader AIS to them.
The eight are Telecom Italia of Italy, China Mobile, NTT DoCoMo of Japan, SK Telecom of South Korea, Axiata of Malaysia, and three US operators.
Mr Juti insisted the ministry would not intervene in continuing negotiations between an ICT Ministry committee, private operators and state enterprises on compensation figures.
However, he acknowledged that negotiations were unlikely to be settled amicably given the wide gap in the stances of TOT and CAT Telecom and the private operators.
TOT and CAT, despite having approved the concession amendments, some made as long as 15 years ago, are seeking tens of billions of baht to cover losses from deals that they say favored the operators.
Juti added that if concession negotiations cannot be settled, the matter reverts to the ICT ministry, so he will submit the proposal to the cabinet for consideration. Then, he will announce the opportunity for prospective foreign operators to submit their proposals to take over the mobile concessions from operators that could not settle with the state.