The market has been driven almost purely by the technology sector (advanc, dtac, and true) for the month as the sector as a whole is up +9.8% MTD and a whopping +160% over a 12 month period. This week the NESDB will release Thai 1Q13 GDP (which should be rubbish because of the baht’s strengthening), […]
Read More →BGH BGH plans hospital in Chinatown — Bangkok Dusit Medical Services Plc (BGH), Thailand’s largest hospital group, is to invest 700-750 million baht to set up a new hospital in Bangkok’s Chinatown aiming to tap into affluent ethnic Chinese and Indian residents. The investment includes 30-year rental and renovation costs for two old buildings, one […]
Read More →DTAC DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install […]
Read More →BIGC Big C keeps strategy after good 2012 results – Big C Supercenter says its impressive sales growth last year of 9.3% to Bt112.1bn reflects its successful business model, accelerated network expansion and fine-tuned marketing strategy. (The Nation, 19/02/13) Comment: Good well managed company, but the potential multiple collapse on slightly missed earnings is a […]
Read More →AIT Aiming high — AIT aims to bid for more than Bt10bn worth of project this year from trueNET-CAT-ICT. The company also revealed that it is in the process of obtaining a concession from the government of Myanmar to invest in the telecommunications sector. AIT targets revenues this year to reach Bt5.4bn after booking profit […]
Read More →Whats going on here? There are 4 complaints against the 3G auction with 2 of them already rejected by the DSI, as no price collusion was found. The other 2 complaints were filed by 40 senators and the Office of the Ombudsman and are now awaiting a court ruling due next week. Most likely the […]
Read More →Just received this in my mailbox, its a rather nifty little infographic showing which publicly listed companies in Thailand will benefit from the recent issuance of 3G licenses to the telecom operators. Source: Not sure, if someone knows do inform me so I can credit them properly
Read More →The foreign ownership law in Thailand has always been a grey area through the use of nominees. Telenor has decided to restructure its holdings within Thai Telco Holdings. Currently DTAC’s major shareholders are as follows: Thai Telco before was structured as follows: And now the new structure is as follows: So the issue in the […]
Read More →Local newspapers reported that Col Settapong Malisuwan, chairman of the NBTC’s telecom committee, said that the reserve price for 3G licenses (2.1GHz spectrum) is likely to be set in the Bt7-10bn range. The defunct NTC’s 3G Information Memorandum (IM) had set a reserve price of Bt12.8bn. The committee is working on a new 3G IM, […]
Read More →The clever folks at Thanachart put out a summary of the 4Q11 and 2011 results. 2011 was really the year of telco’s in Thailand with DTAC and ADVANC performing very strongly. No surprise that the electronics and insurance co’s had a horrid 2011 b/c of the floods in late 4Q11. Now just steer your eyes further down […]
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