By: Ian Mansfield |
Thailand's Samart Corp. has won the bidding to build TOT's forthcoming 3G network following a public auction. The action was nearly delayed after protests from Ericsson who claimed they had been unfairly dismissed from bidding, but a court order last night permitted it to go ahead.
The reserve bid for the network tender was set at 17.440 billion baht, and there were 17 bids during the auction.
The Samart consortium - which is made up of Samart, Loxley, Nokia Siemens Networks and Huawei - won with a minimum bid of Bt16.29 billion (US$527 million), which was 6.59 percent below the reserve price. The formal contract is expected to be signed next month with a limited service launch from April.
The state-owned TOT will then expand its 3G coverage of over 5,000 base stations nationwide within this year.
source : Cellular-News
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