True 'ready and eager' to bid | Bangkok Post: business

Business > Telecommunications

True 'ready and eager' to bid

Questions persist as 3G licence auction nears

Telecom executives are crossing their fingers in hopes that the long-delayed auction of third-generation wireless licences, due to take place next month, will finally come to fruition.

If successful, all three leading mobile operators will have the opportunity to escape the shackles of their current concession contracts and move forward with new investments to modernise the country's increasingly overloaded mobile networks.

But considerable uncertainties remain, including the prospect of court challenges against the largest operators about whether their shareholding structures are in compliance with Thai law.

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