State-backed telco lets the CAT out of the bag; plots USD920m 4G investment

10 Apr 2015

State-owned CAT Telecom has set aside at least THB30 billion (USD920 million) to fund its deployment of 4G Long Term Evolution (LTE) infrastructure, the Bangkok Post reports, citing Viroj Tocharoenvanith, the company’s senior executive vice-president. The official confirmed however, that CAT is currently in talks with SK Telecom of South Korea and an as yet unnamed Japanese telecoms company, which are vying to become CAT’s strategic partner.

The executive indicated that the strategic partner will share the cost of the licence fee and deployment in exchange for wholesale access to CAT’s 4G network as a mobile virtual network operator (MVNO). Partnership talks are expected to conclude in September, while the two-pronged government spectrum auction will take place in November (1800MHz) and December (900MHz) this year.

Thailand, CAT Telecom, SK Telecom (SKT)