Telecoms firm misses Thai 4G payment deadline


A woman uses a mobile phone in front of 4G advertising outside a service provider shop in Bangkok on March 21, 2016. Thailand's 4G expansion was thrown into disarray on March 21 after a telecoms company that beat more established rivals at an auction last year failed to meet its first payment deadline, voiding the bid. / AFP PHOTO / LILLIAN SUWANRUMPHA

BANGKOK: Thailand’s 4G expansion was thrown into disarray after a telecoms company that beat more established rivals at an auction last year failed to meet its first payment deadline, voiding the bid. 

The failure is a blow to the country’s junta who had earmarked money from the lucrative auctions for use in key infrastructure projects and helping farmers, many of whom are reeling from low commodity prices and an ongoing drought. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Snap shares jump nearly 30% after Q1 beat
Alphabet, Microsoft shares jump as investors cheer AI investment
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say
Cat hides in Amazon return package – then ends up in California 700 miles from home
Shopee: Be wary of SMS scams asking for your personal info
Analysis-Tesla's plan for affordable cars takes page from Detroit rivals
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
Amazon’s Jeff Bezos, Andy Jassy deleted chats amid FTC antitrust probe

Others Also Read