TOT could cut 35% of workforce in restructuring programme

17 Jul 2006

Thai state-run telco TOT Corp has been advised by consultants to axe around 7,000 of its 20,000 staff over the next three years as part of a streamlining programme aimed at lowering costs and boosting productivity. The operator also plans to form a new wholly owned subsidiary to provide telecoms services, whilst the parent company will continue to own the fixed line network, in a move designed to reduce regulatory fees. Under the plan TOT’s new services arm will apply for a Type 1 licence (for operators without their own networks), meaning it will pay an annual licence fee of 3% of revenues but not a universal service obligation (USO) fee which stands at 4% of yearly turnover. TOT currently has a Type 3 licence as a services provider and network operator, making it liable for licence, numbering, spectrum and USO fees. The company also plans to establish additional subsidiaries to take over business lines such as internet services and back-office billing.

Thailand, TOT,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share