CAT exiting data provider UIH

13 Jun 2011

The board of Thai state-owned telco CAT Telecom has approved a plan to divest its entire 25% stake in data services provider United Information Highway (UIH). The stake will be sold to UIH shareholder Benchachinda and CAT expects to gain THB260 million (USD8.4 million) from the sale, reports Telecompaper.

Thailand, CAT Telecom