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Telenor Provides Edge to Total Access Communications in Thai Cell Market.

Bangkok Post (Bangkok, Thailand)

| October 06, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Komsan Tortermvasana

Oct. 6--OSLO, Norway--Telenor Mobile says it has no plans to increase its investment in Total Access Communications, even though it remains pleased with the Thai unit's strong success in the mobile market during the past year.

Telenor currently holds a 40 percent stake, both directly and indirectly, in TAC, following a US$750 million investment made in 2000.

TAC, which operates under the DTAC brandname, currently has some 6.2 million subscribers, or around half that of market leader Advanced Info Service.

Arve Johansen, chief executive of Telenor Mobile, said even with the strong prospects of the Thai market and DTAC's rosy ...

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Source: HighBeam Research, Telenor Provides Edge to Total Access Communications in Thai Cell...