TOT referring AIS claims to state panel rather than court

1 Mar 2011

The board of directors of Thai state-run telco TOT has decided against immediately filing a damages lawsuit against its build-transfer-operate (BTO) cellular concessionaire Advanced Info Service (AIS), for past ‘illegal’ amendments to its BTO agreement, and will instead pass the matter to a state panel examining telecoms concession amendments. It has been estimated that compensation claims against AIS for loss of state earnings due to amendments made under previous government line-ups could total around THB73 billion (USD2.4 billion). According to newpaper The Nation, Jirawan Boonperm, permanent secretary of the Information and Communications Technology Ministry and chairman of the special state committee, said an additional week is needed to complete the examination of all proposals from telecom operators including AIS on how they would compensate state telecom enterprises for damages from past concession amendments. The panel reportedly still needs more information from TOT, sister CAT Telecom, AIS, DTAC, True Move and AIS subsidiary Digital Phone (DPC).

Thailand, Advanced Info Service (AIS), TOT