TOT Plc is looking for partners to jointly invest in some business projects, focusing mainly on 3G wireless broadband and future 4G service and adding value to its infrastructure rental network.
The partnership needs to be approved by the National Economic and Social Development Board (NESDB) and the cabinet due to the requirement by Public-Private Joint Venture Act 1992. Any public-private investment project worth more than 1 billion baht must be scrutinised by both.
Udom Puasakul, chairman of the TOT board, said potential partners were those which can help generate revenue and increase TOT's asset value.
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