Telecomasia writes that Thailand’s military-led administration, the National Council for Peace and Order, has drawn up legislative amendments to allow the finance ministry to borrow money from the country’s universal telecoms services fund for ‘the public good’, while installing the permanent secretary of defence on the universal service obligation (USO) fund’s board. The USO fund – based on contributions from telecoms and broadcasting providers (including 2.5% of cellcos’ revenues – currently stands at over THB20 billion (USD620 million). The NCPO also amended clauses to clearly define telecoms/broadcasting licence auction revenue as state funds to be channelled directly to the finance ministry.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors