State-owned CAT Telecom is consolidating all its mobile network assets into a single business unit to increase efficiency and help implement the Thai government’s infrastructure-sharing initiatives, reports the Bangkok Post. Up to now, CAT’s mobile network services have been managed by several operating units, namely the mobile business unit, asset management unit and concession contract management unit, but will be placed solely under the mobile business unit going forward. CAT projects total revenue of THB52 billion (USD1.6 billion) this year, 45% of which is projected to come from the network rental fees under the wholesale-resale partnership between CAT and True Corp that provides the 850MHz service portion of the True Move H 3G business. CAT aims for turnover from all mobile business to account for 60% of total revenue within the next three years, up from 40% currently, helped by the business streamlining efforts. The firm forecasts net profit of THB1.5 billion this year.
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