CAT sets revenue targets driven by wireless

30 Sep 2009

CAT Telecom aims to generate THB52 billion (USD1.55 billion) in revenues this year after switching its focus from international direct dial (IDD) calls to integrated wireless voice and data services, reports the Bangkok Post. CAT intends to participate in Thailand’s 3G UMTS licence auction at the end of the year in partnership with foreign investors, whilst continuing to develop its existing CDMA-based mobile service, which now has more than 2,700 base stations across the country, it said. The revenue target is achievable if all wireless business plans are implemented to partly offset declining IDD sales, the state-owned telco added. In the first eight months of 2009 CAT’s turnover was THB31.9 billion, down slightly from THB32.6 billion in the same period of 2008, whilst revenues from concessions holders under the build transfer operate (BTO) system remained the biggest contributor at THB20 billion. According to TeleGeography’s GlobalComms database, CAT’s revenues in full-year 2008 were THB53.58 billion, up from THB47.61 billion the previous year.

Thailand, CAT Telecom