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Thailand-based fixed line operator TT&T's major shareholder Jasmine International has abandoned its plan to invest 50 billion Thai baht in 3G mobile infrastructure.

December 15, 2008
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Thailand-based fixed line operator TT&T's major shareholder Jasmine International has abandoned its plan to invest 50 billion Thai baht in 3G mobile infrastructure. According to Jasmine, given its lack of capability against existing mobile phone operators in network infrastructure, unspecialised mobile business and marketing competition, TT&T is not in a position to operate 3G mobile services in the foreseeable future as it cannot compete with the country's two largest mobile operators, AIS and DTAC.

 
 
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