Gloomy prospects for telecoms IPOs

3 Jan 2007

Thai state-run telcos TOT and CAT Telecom have once again shelved their plans to list on the stock exchange – already five years overdue – until regulatory issues including interconnection fees, network access charges and 3G licences are cleared up. The planned IPOs are now not expected until 2008 at the earliest.

Thailand, CAT Telecom, TOT