Thaicom confident it can unload loss maker Mfone
- Published: 17 Aug 2012 at 00.00
- Newspaper section: Business
Thaicom Plc (THCOM) says it expects to settle a deal to sell its loss-ridden mobile phone unit Mfone to a foreign operator by the end of this year.
The sale of Mfone will help the country's sole satellite service provider bolster its finances.
Ken Streutker, Thaicom's assistant vice-president for investor relations, said the company is in talks with two prospective foreign operators about a possible takeover of the mobile firm.
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