TOT plans to list subsidiaries next year

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TELECOM

TOT plans to list subsidiaries next year

Published: 25 Sep 2012 at 00.00
Newspaper section: Business

TOT Plc feels it must accelerate listing its three subsidiaries in the stock exchange as soon as possible in order to raise money to ease its heavy financial burden.

The state telecom enterprise plans to list its three units _ Telecom Tower Sharing, Optical-fibre Sharing and Application Co _ on the SET in 2013.

The first two companies will rent telecom network equipment for its existing second-generation (2G) infrastructure and its new 3G network to all operators. The application firm is designed to serve the arrival of full 3G commercial data service.

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bern1005
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Discussion 2 : 28 Sep 2012 at 20.242
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"State owned telecomms" a phrase that is known world-wide for meaning inefficiency, high costs and low levels of customer service.
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fineguy
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Discussion 1 : 25 Sep 2012 at 15.311
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I believe providing quality services is the way to go. When a 10 mbps connection can't stream the lowest quality youtube videos, it means there's something wrong with the ISP.

In about eight months, I'll be moving to a location where I can chose which ISP to subscribe to instead of being tied a service that's a complete ripoff. That'll be 890 baht lost.
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TOT plans to list subsidiaries next year | Bangkok Post: business