AIS emerged victorious in a long-running dispute after an arbitration panel dismissed a compensation claim relating to an expired concession agreement between its Digital Phone subsidiary and rival CAT Telecom.
The Arbitration Committee ruled in AIS’ favour in a case initiated in January 2018, when CAT Telecom took legal action demanding Digital Phone transfer the ownership of equipment including 4,657 towers and a call centre system.
CAT Telecom sought compensation totalling THB13.4 billion ($445.9 million), along with an additional THB116 million per month to cover opportunity loss and interest.
In a statement, AIS said the decision means Digital Phone is not obliged to transfer the equipment or make payment for the claims.
But the ruling may yet be challenged: CAT Telecom can file a petition to revoke it within 90 days.
The operators settled a long-running tower dispute in August 2020: shortly after, CAT Telecom and True called a truce after almost a decade of legal squabbling over a range of network-related matters.Subscribe to our daily newsletter Back