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Business Outlook Worries Candidates for Chief of Thai Telecom Firm.
Byline: Komsan Tortermvasana
Dec. 3--The selection of the new president of CAT Telecom is stalled after the front-runner for the post stepped down, leaving the board no choice but to call for a new round of applications.
The state agency does not even have an acting president at the moment, following the decision by Kravuth Koosuwan to step down from the post on Friday. He remains deputy president.
Mr Kravuth cited personal reasons for his decision, but company sources say some senior CAT Telecom executives are disheartened by what they see as the diminished future role contemplated by the government for the company.
Kittin Udomkiat, ...
- TOT completes a deal to buy out shares of CAT Telecom in Thai Mobile for 4b...
- Magazine article from: Wireless Asia July 1, 2005 700+ words
TOT completes a deal to buy out shares of CAT Telecom in Thai Mobile for 4b baht ($95.8m). TOT will take full ownership of the 1900-MHz bandwidth and all assets of Thai Mobile.
- TOT finally completes a deal to buy out the shares of CAT Telecom in Thai...
- Magazine article from: Telecom Asia August 1, 2005 700+ words
TOT finally completes a deal to buy out the shares of CAT Telecom in Thai Mobile for 4b baht ($95.8m). TOT will take full ownership of the 1900-MHz bandwidth and all assets of Thai Mobile.
- TOT concludes deal to take over Thai Mobile from CAT Telecom.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 7, 2005 700+ words
...service by buying out the CAT Telecom share of Thai Mobile for four billion baht. TOT...1900 MHz bandwidth used by Thai Mobile, originally established as...bandwidth and all assets of Thai Mobile, by paying 4.055 billion...
- TOT and CAT Telecom see brighter future for Thai Mobile.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 21, 2006 700+ words
...Tortermvasana Feb. 21--Thai Mobile, the stillborn...of TOT Plc and CAT Telecom, has brighter...Corporation, TOT and CAT Telecom should be able...that have stunted Thai Mobile's growth, the...move forward. Thai Mobile, 58 percent held...and 42 percent by ...
- CAT Telecom says it is willing to buy the 42% holding of TOT in Thai Mobile for...
- Magazine article from: Telecom Asia June 1, 2008 700+ words
CAT Telecom says it is willing to buy the 42% holding of TOT in Thai Mobile for 2.4b baht ($75.3m) in order to jump-start 3G services...haggling for three years over a price for their six-year-old Thai Mobile joint venture.
- CAT Telecom rejects a 2.4b baht ($76 million) offer by TOT to take over its 42%...
- Magazine article from: Telecom Asia December 1, 2007 700+ words
CAT Telecom rejects a 2.4b baht ($76 million) offer by TOT to take over its 42% stake in joint venture Thai Mobile. However, CAT said it still wanted to participate in the Thai Mobile service with TOT.
- CAT Telecom rejects a 2.4-billion baht ($76 million) offer by TOT to take over...
- Magazine article from: Wireless Asia December 1, 2007 700+ words
CAT Telecom rejects a 2.4-billion baht ($76 million) offer by TOT to take over its 42% stake in joint venture Thai Mobile. However, CAT said it still wanted to participate in the Thai Mobile service with TOT.
- Operators not surprised by 3G pact between AIS and Thai Mobile.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 23, 2006 700+ words
...to 1.10 baht. Thai Mobile, the joint venture...and 42 percent by CAT Telecom, is the only mobile...structure. He said Thai Mobile had imported 3G...stipulated that TOT or CAT Telecom, as major shareholders of Thai Mobile, must apply to...
Source: HighBeam Research, Business Outlook Worries Candidates for Chief of Thai Telecom Firm.