Monday, August 16, 2010

Samart, Axiata in talks on 3G bid

Tuesday August 17, 2010






BANGKOK: Thai telecoms group Samart Corp Pcl yesterday said it had entered into talks with Axiata Group Bhd on plans to take part in Thailand’s upcoming auction of third-generation mobile licences.



“We are in talks with two foreign potential partners on 3G plans, in which we will use Samart I-Mobile (SIM) to join the bid,” chief executive Watchai Vilailuck told reporters.



“One of these two partners is Axiata, which already holds 24% in SIM,” he said, adding that his company planned to conclude talks over the foreign partner early next week. — Reuters


http://biz.thestar.com.my/news/story.asp?file=/2010/8/17/business/6866960&sec=business

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