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Asian Companies CS Communications, Loxinfor Merge Internet Businesses.

Bangkok Post (Bangkok, Thailand)

| June 05, 2002 | COPYRIGHT 2002 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

Jun. 5--CS Communications and Loxley Information Service (Loxinfo) yesterday announced the merger of their Internet businesses to create the country's largest Internet service provider with a 45 percent market share by revenue.

A formal signing of the merger deal is expected within three months. The new entity will be named CS Loxinfo.

CS Communications, the operator of CS Internet, is 99.49 percent owned by Shin Satellite, while Loxley Information Service is a subsidiary of Point Asia Dot Com, in which the trading group Loxley Plc is a shareholder.

Shin Satellite and Point Asia Dot Com yesterday signed a ...

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Source: HighBeam Research, Asian Companies CS Communications, Loxinfor Merge Internet Businesses.