True vows no delay in B70bn fund | Bangkok Post: business

Business > Telecom

True vows no delay in B70bn fund

But infrastructure spat with CAT not settled

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True Corporation is determined to move ahead with a planned 70-billion-baht infrastructure fund despite an unsettled dispute with its concession owner, CAT Telecom. 

Chief executive Suphachai Chearavanont expressed confidence that True can seek a win-win resolution with the state telecom enterprise before setting up the fund.

"We're hastening to reach a compromise resolution with CAT without creating risk to investors," Mr Suphachai said, declining to give further details.

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