Tag: Thailand’s

  • Mysterious $1B Investment in True Telecom Sparks Investigation by Thailands Market Regulator

    Mysterious $1B Investment in True Telecom Sparks Investigation by Thailands Market Regulator

    The Thai market regulator has initiated an investigation after an individual surfaced with an estimated one billion US dollars in shareholdings in telecom titan True Corporation, thereby becoming one of its largest shareholders. The regulatory body intends to gather further details and seek explanations from relevant entities in compliance with the standard procedures, as per a recent announcement.

    Stake Increase and Company Backing

    The individual, identified as Supaporn, disclosed in a regulatory filing last week that she had amplified her stake in True, which is based in Bangkok, from 3.9% by purchasing shares through an international broker. Her investment equates to roughly 32 billion baht ($960 million), calculated based on True’s closing price on Monday.

    True Corporation enjoys the backing of Charoen Pokphand Group (CP Group), one of the largest conglomerates in Thailand, and holds the position of the country’s second-largest mobile phone service provider. Earlier this year, Arise Digital Technology, under the control of True’s chairman Suphachai Chearavanont, bought approximately a 25% stake in True from Norway’s Telenor for 39 billion kroner (US$3.9 billion). Both CP Group and Telenor had studied the possibility of merging their telecom units in 2021.

    This deal also included an opportunity to buy an extra 5.4% stake within a two-year timeframe.

    Discrepancies and Legal Implications

    However, there seem to be some inconsistencies in the details provided by Supaporn in her regulatory filing, according to a statement issued by True. The firm stated that it has never offered preference shares to the public and currently does not have any outstanding preference shares. The company has reportedly informed the SEC about the inconsistency.

    The Thai regulator has issued a warning that stern legal measures would be enforced if the ongoing probe uncovers any breaches of the prevailing regulations.

    True also mentioned that the disclosure made by Supaporn about her augmented stake was labeled as preliminary, indicating that the details are incomplete and remain under scrutiny.

    On a different note, this Monday marked the completion of the sale of a 10% stake in True by the CP Group, achieved via a series of transactions as per an official statement.

    Questions & Answers

    What initiated the review by the Thai market regulator?
    The review was initiated after an individual emerged owning nearly one billion US dollars in shareholdings in True Corporation, making her one of its largest shareholders.

    Who is backing True Corporation?
    True Corporation is backed by Charoen Pokphand Group, one of Thailand’s largest conglomerates.

    How did True Corporation react to Supaporn’s regulatory filing?
    True Corporation pointed out some inconsistencies in Supaporn’s filing, stating that the company has never offered preference shares to the public and currently does not have any outstanding preference shares. The firm has notified the SEC about the discrepancy.

  • Thailand’s Digital Leap: The Quest for Universal Internet Access & its Economic Impact

    Thailand’s Digital Leap: The Quest for Universal Internet Access & its Economic Impact

    Thailand’s mission is to provide universal access to affordable and dependable internet services, a goal reflective of a broader international accord. Over the past ten years, the nation has shifted from planning to action, spearheading campaigns such as the Village Broadband Internet (Net Pracharat) program and the Universal Service Obligation (USO) plan. These strategies harness the power of fiber, mobile, and satellite technologies, embodying the nation’s ultimate objective of digital inclusion to boost economic growth, strengthen social services and education, and enhance national competitiveness.

    The Current State of Universal Access in Thailand

    Thailand’s strategy for universal access comprises several critical elements:

    Primarily, the focus is on connecting rural villages and public institutions. The Net Pracharat project, overseen by the Ministry of Digital Economy and Society (MDES), has established fiber and Wi-Fi networks in numerous villages and public locations such as schools and health clinics. This project utilizes an open-access network (OAN) model, which permits licensed operators to share infrastructure for last-mile services. This approach reduces costs, prevents infrastructure duplication, and allows commercial providers to offer services via the government’s network.

    Thailand’s strategy is technology-agnostic, incorporating fiber, mobile, and satellite. Fiber is preferred for speed and reliability, but accessing remote islands, mountainous regions, and thinly populated agricultural areas necessitates a blend of mobile broadband and satellite or low-Earth-orbit (LEO) services. Thailand has already undertaken commercial trials with LEO satellite providers, and there are further plans for satellite coverage in Phase 3.

    Progress Thus Far

    Rapid, noticeable results have been achieved through Net Pracharat and other public initiatives. By December 2017, the MDES and the Telephone of Thailand Public Company Limited (TOT) had completed the deployment of fiber-optic cables to 24,700 rural villages as part of the Net Pracharat initiative. Complementing the fiber rollout, the government installed free public Wi-Fi hotspots in these villages, offering speeds up to 30/10 Mbps (download/upload). In November 2018, approximately 4.5 million users had registered to access Net Pracharat Wi-Fi.

    These enhancements have elevated national internet and mobile data coverage substantially compared to a decade ago. Even though some gaps persist, fixed-line providers are investing in fiber and 5G network upgrades, often in tandem with government initiatives to connect backbone routes and aggregation points. The National Broadcasting and Telecommunications Commission’s (NBTC) spectrum planning, including auctions aimed at 5G-Advanced bands, further exemplifies the policy environment that views broadband as both essential social infrastructure and an economic growth catalyst.

    New Tools in The Toolbox

    A significant development is the emergence of satellite broadband, both geostationary and increasingly LEO constellations, as a supplement to terrestrial infrastructure. Thai commercial agreements and trials with satellite vendors indicate that operators, such as True Corporation, are exploring direct-to-cell (D2C) and consumer LEO services for remote coverage. If these solutions are validated, they could expedite reach to islands and highlands where terrestrial backhaul is expensive or environmentally sensitive.

    Allowing licensed operators to utilize publicly funded backhaul without unjust fees helps Thailand avoid duplicating infrastructure and reduce the cost of acquiring new customers.

    Economic and Social Implications

    International institutions emphasize that digital connectivity is an economic multiplier, affecting productivity, digital services, foreign investment, and SME digitization.

    Thailand’s infrastructure planning aligns with the Thailand 4.0 transformation and its larger goal to attract data center and AI investment. Universal access supports education, health, financial inclusion, and civic participation. However, ongoing digital gaps exacerbate inequality as regions without reliable internet access experience slower growth and fewer opportunities to join the digital economy.

    Projected Near-Term Outcomes

    Thailand’s drive for universal internet access is among the most advanced in Southeast Asia. Armed with backbone fiber, open-access network principles, a growing USO fund, and receptiveness to satellite and mobile tech, the country is poised to bridge the rural-urban digital divide in the future.

    Despite the risks revolving around affordability, transparent procurement, and ensuring quality beyond basic coverage, the existing policies and robust participation from both local and foreign companies provide the necessary tools. If Phase 3 delivers significant infrastructure and the government combines investments with efforts to make the internet affordable and build digital skills, Thailand could transform near-universal access into genuine digital inclusion.

    Questions & Answers

    What is Thailand’s approach to achieving universal access to the internet?
    Thailand’s strategy involves connecting rural villages and public institutions, using an open-access network model, and leveraging fiber, mobile, and satellite technologies.

    How is Thailand utilizing satellite technology in its drive for universal internet access?
    Thailand is testing direct-to-cell and consumer Low-Earth-Orbit services for remote coverage. If validated, these solutions can expedite reach to isolated areas where terrestrial backhaul is expensive or environmentally sensitive.

    What are the potential outcomes of Thailand’s push for universal internet access?
    If successful, Thailand’s universal internet access initiative could result in improved education, health, financial inclusion, and civic participation. It could also bridge the rural-urban digital divide and lead to genuine digital inclusion.

  • True Corporation Sets Telecom Milestone as Thailand’s First with Dual Autonomous Network Certifications

    True Corporation Sets Telecom Milestone as Thailand’s First with Dual Autonomous Network Certifications

    True Corporation, a leading telecom provider in Thailand, has elevated the standards of the nation’s telecommunications sector by securing two globally recognized certifications from TM Forum, an international consortium of technology and telecom firms. True Corporation has received Level 4.0 Autonomous Network (AN) validation for “Service Assurance for Individual Services” and “RAN Energy Efficiency Optimization.”

    Setting New Standards in Telecommunication

    This achievement of Level 4.0, the highest level accomplished by operators across the globe so far, makes True Corporation the sole operator in Thailand to make considerable strides in these two significant areas. This accomplishment highlights True Corporation’s commitment to designing an intelligent network that not only boosts customer experiences but also advocates for environmental sustainability.

    Khurrum Ashfaque, the Chief Network Officer of True Corporation, stated that achieving both Autonomous Network Level 4.0 certifications from TM Forum marked a substantial milestone for the company. It reflected their dedication to upgrading their network services to international standards while managing energy sustainably. He emphasized their focus on becoming a global-class intelligent network service provider and evolving towards an autonomous network capable of managing itself with supreme efficiency. This will be achieved by harnessing advanced artificial intelligence (AI) to deliver high-quality services to clients and continually support the growth of Thailand’s digital infrastructure.

    Validation of True Corporation’s Innovations

    TM Forum evaluated both of True Corporation’s projects and deemed them as comprehensive case studies with operator-grade capabilities. This confirmed that these projects, designed with a focus on service quality and customer experience, could be implemented by other service providers as well.

    AN Levels, as defined by TM Forum, are global standards used to gauge the automation capabilities of telecom networks. They cover diverse use cases, including radio access network (RAN) issue management and signal quality enhancement. The system is divided into five levels, going from Level 1 that requires manual human control, to Level 5, which represents a fully autonomous network operating independently of human intervention. To reach Level 4.0 requires the use of advanced AI for management and is a strategic target for leading telecom service providers worldwide.

    Two Significant Achievements

    True Corporation achieved AN Level 4.0 certification in the “Service Assurance for Individual Services” category, which recognized it as a highly autonomous network. This system was developed in collaboration with Ericsson and leverages AI to manage the network autonomously and efficiently under current conditions.

    Additionally, in the category of “RAN Energy Efficiency Optimization,” True Corporation has obtained AN Level 4.0 certification for a project that emphasizes comprehensive base-station energy management.

    Driving Towards a Sustainable Future

    These global achievements underscore True Corporation’s transformation into a leading telecom-tech company in Thailand with a focus on creating a green network. The company aims to reduce its greenhouse gas emissions by 42% by 2030 compared to 2020 levels and attain net-zero emissions by 2050, in line with SBTi standards.

    Questions & Answers

    What is the Autonomous Network Level 4.0 certification?
    The Autonomous Network Level 4.0 certification is a globally recognized validation by the TM Forum. It recognizes telecom networks that use advanced artificial intelligence for management, enhancing service quality and customer experience.

    What does achieving this certification mean for True Corporation?
    Attaining the Autonomous Network Level 4.0 certification highlights True Corporation’s dedication to upgrading network services to international standards and managing energy sustainably. It propels them closer to becoming a global-class intelligent network service provider.

    How is True Corporation contributing to environmental sustainability?
    True Corporation is focused on creating a green network. They aim to reduce their greenhouse gas emissions by 42% by 2030 compared to 2020 levels and strive to achieve net-zero emissions by 2050, in line with SBTi standards.

  • Thailand’s AIS faces $71k fine per day

    Thailand’s AIS faces $71k fine per day

    Thailand’s National Broadcasting and Telecommunications Commission has written to AIS warning of $71,114 (2.5 million Baht) a day fines unless they complete the handover of 300,000 subscribers to TrueMove under the mobile number portability system by May 10th.

    Thai language daily Thairath reported that AIS has refused to release the subscribers due to incomplete or erroneous documentation. The story also said that AIS had no problems with Dtac all valid Dtac porting requests had been completed.

    Earlier we reported on how the government was trying to force AIS to sign an MOU with True and allow the NBTC to step in with the final say on MNP with no recourse of appeal.

    AIS did not respond to request for comment by the time of going to press.