Thursday, July 19, 2012

NBTC approves draft foreign dominance regulations

The board of Thailand’s National Broadcasting and Telecommunications Commission (NBTC) yesterday approved the draft of revised regulations aimed at preventing foreign dominance in the local telecoms industry, the Bangkok Post reports. The regulations will take effect next week, said Settapong Malisuwan, chairman of the NBTC's telecom committee, who stated that the rules are designed to help local telecoms operators avoid breaching the Telecommunications Business Act and the Foreign Business Act, preventing possible foreign dominance, with overseas shareholdings capped at 49%.


See the article here:

OVETEL NBTC approves draft foreign dominance regulations

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