Articles tagged with: Hutchison Telecom and Cat Telecom

CAT Telecom Seeking Overseas Partner for 3G Network

Thailand's CAT Telecom is to seek a partner to assist it in bidding for a 3G licenses and roll out the network when successful. CAT executive committee chairman Krisda Kaweeyarn told The Nation newspaper that the board had told management to study several possible partnership models and that the potential partner could be either a local or a foreign telecom operator.  more

Related Tags: 3g-license, Thailand

CAT Telecom Seeking Outside Investor for 3G Launch

The new President of Thai network operator, CAT Telecom, Jirayuth Roongsrithong says that he will prioritise taking over Hutchison's CDMA network in the central provinces and integrating it into a single national CDMA network.  more

Related Tags: partner, Thailand

Hutchison Telecom Takes $494 Million Charge on Thai Write-Down

Hong Kong based Hutchison Telecom that it is to recognise a non-cash impairment charge of HK$3,854 million (US$494 million) in its 2007 audited consolidated financial statements in connection with the Group's investments in its mobile telecommunications business in Thailand. The company blamed an ongoing price war in the Thai market as being the primary reason for the write-down.  more

Related Tags: ipo, hutchison, tot, Thailand