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China mobile spent 6.8 billion to purchase Thailand telecome operator

From: Qianzhan Business Information Time: 2014-06-13 11:25:26
Summary: According to China Mobile Operation Industry report, China Mobile announced yesterday to enter the Thai telecommunications market, with 28.57 billion baht (about HK $ 6.82 billion) to buy one of the three former Thai telecom operators True 18% of the shares. Prospects that China move move, or to acquire the company's True 4G technology.

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According to  China Mobile Operation Industry report , China Mobile announced yesterday to enter the Thai telecommunications market, with 28.57 billion baht (about HK $ 6.82 billion) to buy one of the three former Thai telecom operators True 18% of the shares. Prospects that China move move, or to acquire the company's True 4G technology.

True, the predecessor of one of the three telecom operators in Thailand, Thailand is currently the only comprehensive national telecommunications operator, has three core businesses, namely: 3G + HSPA mobile service providers and Thailand's only commercial 4G 2100 MHz LTE mobile service provider TrueMove H; Bangkok City region's largest fixed-line operator and the largest uses DOCSIS 3.0 cable modem, broadband Internet and next-generation broadband access technologies for broadband and wireless network operators TrueOnline; largest national Pay-TV operators and the first to offer high quality content TrueVisions.

For China Mobile, the company spent a lot of stake in True, the most important may lie in the hands of True 4G network technology. China Mobile entered into a subscription agreement with True Meanwhile, China Mobile and True also signed a memorandum of cooperation, plans to seek business opportunities in the fields of technology and network construction, procurement sharing.

True Thai company currently holds the only commercial 4G network for China Mobile, if we can get True's experience in operating 4G networks, for the Chinese occupation of China 4G mobile market market has extremely great strategic significance.

Recently, China Mobile big moves frequently, undoubtedly China's 4G market, determined to win, but shares True company, it is likely to get True companies operating commercial 4G's experience, and even technical support, so since the move can take a lot less tortuous path, and then with China Unicom and China Telecom competition can straighten the spine.

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