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Thailand Government Scraps Plan for Telecommunications Agencies' Merger.

Bangkok Post (Bangkok, Thailand)

| June 03, 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

Jun. 3--The transport and communications minister has scrapped a plan that called for the merger of two state telecom agencies into a new company and listing on the stock exchange, in the face of mounting pressure by the telephone agency's management and its union.

The plan, supported by Prime Minister Thaksin Shinawatra, would have merged the Telephone Organisation of Thailand and Communications Authority of Thailand as Thai Telecom Co Ltd.

However, Wan Muhamad Nor Matha, the minister, said the TOT and CAT would be allowed to register as separate companies and list on the market ...

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