CAT plans to award mobile contract to Hutch

18 Jul 2006
00:00

(Bangkok Post via NewsEdge) CAT Telecom plans to award Hutchison a contract that will allow it to solely market CDMA mobile-phone services under the Hutch brand countrywide.

Hutchison-CAT Wireless Multimedia, the 75-25 joint venture of Hong Kong-based Hutchison and CAT Telecom, currently markets the Hutch service in 25 central provinces including Bangkok.

Chinese equipment supplier Huawei Technologies is now expanding CAT's CDMA network to cover the other 51 provinces under a contract worth 7.2 billion baht ($188 million). It is expected to be ready for commercial service early next year.

A CAT executive said the state telecom enterprise lacked the marketing expertise to handle the Hutch service and had, therefore, renegotiated the contract.

However, the recent resignation of several members of the CAT board could delay the deal's approval.

The executive said the contract would be a breakthrough for CAT and Hutchison, which had been at loggerheads over the lease for the existing network.

Currently, Hutchison-CAT leases the 25-province network from BFKT, a wholly owned subsidiary of Hutchison.

The executive said Hutchison had offered to sell the network to CAT for 30 billion baht ($786 million), which was the cost of its investment.

When negotiations failed, the board of CAT Telecom ordered CAT-Hutchison to stop paying its leasing fees to BFKT.

c Bangkok Post

c 2006 Dialog, a Thomson business. All rights reserved

Related content

Follow Telecom Asia Sport!
Comments
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.