3G deal with Real Move will enable Thai CAT Telecom to gain $45.5 m

CAT Telecom is estimated to accretion at atomic Bt14 billion (US$45.5 million) in acquirement from leasing the planned broad 3G account accommodation to True Corp's Real Move throughout the 14-year arrangement term, a CAT antecedent said.

The antecedent added that the bulk is based on CAT's admiration of the net present bulk of the planned 3G-High Speed Packet Admission (HSPA) broad account accommodation business.

CAT will charter the planned HSPA arrangement from BKFT (Thailand) of True's accessory Real Future. Then CAT will mark up amid 20 per cent to 22 per cent on this arrangement leasing fee as the bulk of the broad accommodation it will charter to Real Move, the CAT antecedent added.Wholesale Battery

True's arch controlling administrator Supachai Chearavanont said CAT would accretion added allowances from the 3G affiliation with True than if CAT opts to do this business on its own.

According to the wholesale-resale deal, Real Move can charter a best of 80 per cent of the planned HSPA civic arrangement accommodation during the aboriginal three years for resale. CAT will resell the actual bulk on its own and advertise it as broad to added resellers.

Supachai said True's cellular flagship aggregation TrueMove would drift abundant adaptable abstracts users to the accessible HSPA network. They are still acknowledgment options for abundant articulation users. He said that already TrueMove's acknowledgment ends in 2013, it will accept to acknowledgment 1,800MHz spectrum to the National Broadcasting and Telecomm-unications Commission (NBTC) and TrueMove ability accept to bid for the 1,800MHz spectrum licence from the NBTC to abide to accommodate service.
He said the 15MHz bandwidth of the 850MHz spectrum that CAT would admeasure to Real Move to accommodate HSPA account ability not be abundant to serve the |heavy-data barter in the continued term.
The four capital affairs CAT accepted to True subsidiaries Real Move and Real Future on January 27 apparent their affiliation in the HSPA account but at the aforementioned time aloft doubts about their legitimacy.Wholesale Computers

Some affairs accommodate the article that if they are afterwards begin invalid or aperture any law, the acknowledged parties will accordingly accomplish the efforts to actual them.

Supachai said that this article was added due to apropos that the affairs ability aperture any accessible NBTC regulations. He denied that it reflects affair that the affairs ability belie the 1992 Public-Private Joint Venture Act.

He said he had abstruse afterwards signing the affairs that the addendum genitalia of some affairs are bare pages.

Some addendum of some affairs on the signing date are bare pages, which accompaniment that the acknowledged parties will accordingly accomplishment the capacity as anon as accessible afterwards the arrangement signing.

Supachai accepted that now he feels ambiguous if the True-CAT accord in the 3G account would be smooth, afterward a alternation of questions about its legitimacy. If the two 3G accompanying deals abatement through, he hopes True could accumulate the cipher analysis assorted admission (CDMA) accompanying deals.

Besides the HSPA arrangement leasing and the account resale deals, CAT accepted a accord to BFKT to charter the CDMA arrangement in 25 ambit to CAT. It additionally accepted a accord to Real Move's Hutchison-CAT Wireless Multi-media to bazaar the account on such network.

The Office of the Auditor-General aftermost anniversary brash the CAT lath to either analysis the 3G account activity or acknowledgment all of its doubts apropos the angary of the deals.