July 19 2012 – The National Broadcasting and Telecommunications Commission board approved the draft of revised regulations yesterday preventing foreign dominance in the local telecom industry.
The draft will take effect next week, said Col Settapong Malisuwan, chairman of the NBTC’s telecom committee.
The revised regulation followed a public hearing held by a subcommittee last December.
Col Settapong said the NBTC believes the new foreign dominance regulation will not be a tool allowing another party to disrupt the third-generation (3G) licensing auction on the 2100-MHz frequency scheduled for this October.
The rule is designed to help local telecom operators avoid breaching the Telecommunications Business Act and the Foreign Business Act and not deter foreign investment, he said.
Read more: http://www.bangkokpost.com/business/economics/303189/nbtc-oks-regulations-on-foreign-dominance