CAT Telecom says it will sign an amendment to the current third-generation partnership contracts with True Corporation next month as regulators are likely to endorse the amendment today.
President Kittisak Sriprasert said an endorsement by the National Broadcasting and Telecommunications Commission (NBTC) will legitimise the True-CAT contracts.
The NBTC ordered CAT and True last June to amend six items in the partnership contracts after its panel found these items breached Section 46 of the 2010 Frequency Allocation Act.
The act requires licence holders and spectrum owners including CAT to manage spectrum rights on their own.
Mr Kittisak said it took both parties several months to find a win-win resolution for the contracts.
"We expect to sign the amended contracts next month once it goes through the normal process of being approved by the Office of the Attorney General and CAT's board," he said.
The NBTC's approval will also help the state telecom enterprise legally proceed with its 3G network expansion.
Jesada Sivaraks, secretary to the NBTC's vice-chairman, said the regulator's telecom committee is likely to endorse the new contracts between True and CAT today after the panel examined them thoroughly.
Mr Kittisak attributed the delay of more than one year in amending the contracts to legal complications.
The Council of State decided that the True-CAT contracts did not violate the Public-Private Joint Venture Act of 1992, paving the way for the amendments.
Latest stories in this category:
- Protests hurt smartphone sales
- NBTC: Keep your standards
- Digital TV bidders to be announced next week
- Internet firms say B1bn cost of outage
- Pay-TV operators rue missed targets
- TOT delays 'unwieldy' 3G deal to 2014
- Telecom bidders vie to stand out in Myanmar ‘beauty contest’
- GMM Z focuses on pay-TV services