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CAT told to suspend 3G investments
28 May 2012
Thailand’s ICT minister tells state-owned operator to wait for investigations on CAT-True 3G network deal
Thailand’s information and communication technology minister Anudith Nakornthap has ordered CAT Telecom to temporarily halt its investments and marketing activities for its 3G network, reported local media.
The Bangkok Post reported that the minister has asked the company to wait until investigations are concluded on a 3G network deal between CAT and True.
The minister said: “Given that the True-CAT deal is still under investigation by many state agencies — and given that the National Economic and Social Development Board declined to approve budget for CAT and recommended [that] CAT submit its budget request to the cabinet first — we think CAT should halt all activities related to its 3G project now.”
The minister said that True will have to assume all the risk if it goes ahead with its 3G investment plan, and if it is later determined that the CAT deal is in violation of the law.
Anudith also discussed plans with CAT’s officials to reorganise the company as a network service provider. GTB
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