True caves on network assets hitch | Bangkok Post: business

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True caves on network assets hitch

Move will facilitate infrastructure fund

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True Corporation has half-heartedly yielded to pressure from its concession owner CAT Telecom to exclude its network assets under a dispute with CAT from its planned 70-billion-baht infrastructure fund. 

Suphachai Chearavanont, True's president, admitted the decision was made to resolve the latest dispute between the two and ensure a good partnership.

True was locked in a dispute with CAT over the ownership of 20% of True's network assets.

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