WiMAX venture proposed by DTAC founder

18 Jun 2007

Benchachinda Holding, controlled by the founding family of mobile operator DTAC, is looking to enter the WiMAX wireless broadband market through a proposed joint venture with the cellular company, reports the Bangkok Post. The Bencharongkul family last year sold off its shareholding in DTAC to Telenor of Norway but Benchachinda’s president, Vichai Bencharongkul, said that his company planned to talk with DTAC about a joint venture to ‘expand our existing leased line internet services on WiMAX [infrastructure].’ Mr Vichai also said Benchachinda had asked regulator the NTC for permission to start WiMAX trials last year but has had little feedback, and urged the watchdog to issue WiMAX licences soon so operators could prepare marketing strategies and business models. Benchachinda currently offers broadband internet and system integration as well as distributing handsets through United Distribution Business. The group expects revenue of THB6 billion (USD185 million) this year, half from handset sales.