Breaking News

Tweet TWEET

Thailand’s TOT Says 4 Groups to Bid for 3G Network Expansion

Thailand’s TOT Pcl, a state-run telecommunication agency, said four groups will bid for its planned 17.4 billion baht ($567 million) high-speed mobile-phone network expansion.

The first group includes units of Advanced Info Service Pcl and Alcatel-Lucent SA, and the second group includes Samart Corp., Loxley Pcl, Huawei Technologies Co. and Nokia Siemens Networks. The third group is led by Ericsson AB, while the fourth group is led by ZTE Corp.

Bidding is expected to take place on Jan. 28 and an agreement will be signed in mid-February, Arnon Tubtiang, TOT’s senior executive vice president, said in Bangkok today.

To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.