Wednesday, July 1, 2009

3G licence issue risks delay to 2010

The issuing of third-generation (3G) licences may be put off to the first quarter of next year by a revised schedule from the Office of the National Telecommunications Commission, which could also set back commercial 3G services to late 2010. [The] regulations and policy guidelines should come mid-September.
Wichian Mektrakarn, the president of Advanced Info Service (AIS), said if the NTC further delays issuing 3G licences, AIS faces a loan commitment fee from banks for keeping open the company's credit line. AIS applied for 10 billion baht in bank loans to spend on its 3G investment project by the year-end.
Athueck Asvanund, vice-chairman of True Corporation, said 3G services would be introduced at least six or seven months after a delayed issuing of licences.
But Tore Johnsen, chief executive of second-ranked DTAC, said if 3G has to be delayed to the first quarter, it would not make any significant difference to earlier projections.
Source: Bangkok Post

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