Digital Economy Ministry wants CAT-TOT merger to be pushed back by 6 months

A merger between CAT Telecom and TOT is unlikely to be completed by the original deadline of July, Minister of Digital Economy and Society Buddhipongse Punnakanta said, adding that the Cabinet would be asked to approve a 6-month extension of the deadline.

“Originally we estimated that the merger of CAT Telecom and TOT into a new state enterprise called NT Telecom would be carried out by July 14,” he said. “Considering that there is still much to do, we will next month propose to the Cabinet to extend the deadline to January 2021.”

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The Nation Reporter