HOME REVIEW
Your CAT Telecom was so happy with the offer by your TOT to buy its 42 per cent stake in the tiny SuthepNet yuppiephone firm for 2.4 billion baht that it laughed and laughed until it was almost sick; when they recovered, your CAT Telecoms offered to buy your TOT's 58 per cent share of the little Thai Mobile for 3.3 billion baht - simply reversing the offer; TOT was unamused; the counter-offers marked approximately the eleventeenth exchange of buyout demands for Thai Mobile, whose market value is roughly nothing, but which has the inside track on owning 3G licences and the continuing right to skim private companies.
CEO Sigve Brekke of DTAC of Norway suggested to Information Communications Technology Minister Mun Patanotai it would be terrific if the minister were able to convince your CAT Telecom to approve third-generation yuppiephone service, or else it would never be able to catch rival Advanced Info Service of Shingapore to the 3G competition. Deputy CEO Arve Johansen and lesser executives from Telenor of Norway jetted in on full expense account to accept the lavish praise they so richly deserved for "contributing" 393 billion baht to the Thai economy, minus the cost of their trip of course; the undoubted highlight was encomium and an actual, live meeting with Information Communications Technology Minister Mun Patanotai; the visiting executives were deeply hurt by suggestions they were trying to pressure the minister on 3G matters.
LG Electronics (Thailand) announced plans to become stylish and sophisticated for once, and visiting Asian chief Woody Nam said the brand could become the largest throughout Asia within four years; at present, LG claims it is fourth or fifth largest, but will fight for brand awareness in Thailand in coming months.
Thai Airways International said that frankly its quality control was horrible, with hours of phone inquiries put on manual handling, pathetic follow-ups and hit-and-miss incident serving; the airline hired BMC Software of Texas to install an entirely new IT system to "reduce service variability" and improve spotty customer service; Capt Sopit Pokasoowan THAI IT president for vice and BMC pooyai were so excited they forgot to mention how much taxpayers would need to pay for the contract, or when work will be finished, but there is no question that the airline will soon be "First Choice Carrier with Touches of Thai."
Buzz Technologies of Phuket claimed it upped views of advertising in Thai and Chinese to 2.2 million page views in May; Buzz redirects surfers who click on their adverts at various sites (disclosure: Buzz serves or soon will serve adverts at Bangkokpost.com); the company launched a YouTube search page which serves both videos and Buzz adverts.
Electricity bills likely will be slightly lower this quarter, Energy Minister Poonpirom Liptapanlop estimated; she said power companies had made few recent investments and that could be passed along to consumers by the satang; the minister gave no outlook for the fourth-quarter bills.
CEO Robbie Cooke of Wotif.com, which peddles hotel rooms and the like from Brisbane and other locations, praised the low rate of e-commerce and Internet usage in Thailand and the region as a huge opportunity to expand in Asia.
ICT Minister Mun Patanotai. |
Telenor deputy CEO Arve Johansen. |
Wotif.com CEO Robbie Cooke. |
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