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Shin execs to meet PM


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Shin Corp executives will meet with Prime Minister Abhisit Vejjajiva today to [color:red]"create understanding"[/color] with the government on all cases affecting the corporation, a Shin source said yesterday.

 

While the source declined to elaborate, Shin is expected to touch on the concession amendments that allegedly brought financial damage to state telecom enterprises.

 

The source said the company asked to meet with the prime minister two months ago and the request had just been granted. Among those going to meet with Abhisit are Shin chairman Virach Aphimeteetamrong and executive chairman Somprasong Boonyachai.

 

The Council of State ruled in 2007 that some concession amendments of telecom operators ranging from Advanced Info Service to Total Access Communication (DTAC) and TrueMove did not comply with the Public-Private Joint Venture Act.

 

The Information and Communications Technology Ministry had set up a panel with Cabinet approval to seek ways with the operators to compensate the state enterprises. The ministry also submitted to the Cabinet a proposal to appoint a separate committee to claim damages from Thaicom from its concession amendments.

 

TOT, which granted AIS's cellular concession, has demanded that AIS pay Bt74 billion in compensation for its concession amendments and deductions of the telecom excise tax from its concession fees. AIS has told TOT it will not pay anything, pending arbitration.

 

Shin's business includes AIS, Thaicom and Digital Phone Co.

 

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The concessions in Thailand are nuts, the current 3G status is proof of that. The only 3G here is under a "trial" license, and can go anytime, the other 3G licenses won;t be issued now for at least 2 years, making Thailand on of the last 5 places in the world to have official 3G.

 

Ironically suggestions to move straight to 4G LTE have not been considered as the True, TDAC and AIS all claim they already bought their 3G gear.

 

Bullshite of course

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Because they won;t get licenses for 2 more years at least, they can't expand the service, so the amount they need is limited, yet they claim they bought "all" the gear for rollout.

 

Do you know any company that buys all their gear for a national roll out and then wharehouses it for 2 years?

 

And also BS because yesterday I had lunch with Senator/future NBTC commissioner and he agreed with me 555

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