True Move eyes Thai CDMA network - Mobile World Live

True Move eyes Thai CDMA network

18 NOV 2010

Thailand’s number three mobile operator True Move is in talks with Hutchison Telecommunications International to buy the Hong Kong company’s CDMA business in Thailand, a step that could accelerate 3G services.”We have just started negotiations and studied the business. We haven’t offered a price yet,” True Corp CEO Supachai Chearavanont told Reuters today. True Corp owns True Move, which operates Thailand’s third-largest mobile network with about 24 percent of the market. Market-leader AIS is also thought to be keen on buying the CDMA business.

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