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Thailand: Bliss-Tel Plc, International Engineering Plc, and TG Cellular World join hands in cell phone market.

Thai Press Reports

| August 15, 2006 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Corporate News - Bliss-Tel Plc and International Engineering Plc (IEC), which are in the process of cross shareholding, have joined up with another major handset distributor, TG Cellular World, in a bid to become the largest handset distribution group in Thailand, The Nation reports.

Bliss-Tel informed the Stock Exchange of Thailand (SET) on August 8 that it had signed a memorandum of understanding (MOU) of business cooperation with TG to jointly manage the distribution of telecommunication equipment and the exchange of necessary information. This will mean a greater ability to compete in the market and the chance to …

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