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CAT ordered to suspend 3G amid inquiriesMay 26, 2012 (Bangkok Post - McClatchy-Tribune Information Services via COMTEX) -- CAT Telecom was ordered yesterday to temporarily suspend all third-generation (3G) network investment and marketing activities. Information and Communication Technology (ICT) Minister Anudith Nakornthap asked the state telecom enterprise to wait for the end of official inquiries into the CAT-True Corporation third-generation (3G) network deal. "Given that the True-CAT deal is still under investigation by many state agencies -- and given that the National Economic and Social Development Board declined to approve budget for CAT and recommended CAT submit its budget request to the cabinet first -- we think CAT should halt all activities related to its 3G project now," Gp Capt Anudith said after meeting with CAT's management and board executives. If True is determined to move forward with its 3G investment plan, and if it is determined that the CAT deal was in violation of the law, then True has to assume all the risk, he added. The ICT minister also discussed with CAT's executives the plan to restructure the company as a network service provider. CAT's labour union recently submitted a letter to the company's board to approve a budget of 7.83 billion baht to continue the My brand 3G mobile broadband service. The My brand is expected to become the main source of revenue for the state enterprise. The union believes the board has the authority to approve the budget and should do so to prevent damage to CAT. Like dislike 0 people liked / 0 people disliked this article ___ (c)2012 the Bangkok Post (Bangkok, Thailand) Visit the Bangkok Post (Bangkok, Thailand) at www.bangkokpost.com Distributed by MCT Information Services |
