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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