TOT (Thailand)
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TOT (Thailand)
TOT Public Company Limited (Thai: ทีโอที) is a Thai state-owned telecommunications company. Originally established in 1954 and corporatized in 2002, TOT used to be known as the Telephone Organization of Thailand and TOT Corporation Public Company Limited. TOT's main line of business is fixed line telephony, although it has several other businesses, including mobile telephony. Since 2021, TOT PCL become National Telecom Public Company Limited after merger with CAT Telecom. Early history The first use of the telephone in Thailand began during the reign of King Rama V in 1881 with a telephone line constructed between the Bangkok, and Paknam, in Samut Prakan, a short distance south of Bangkok along the Chao Phraya River. Its purpose was to inform Bangkok of the arrival and departure of ships at Paknam. The Telephone Organization of Thailand was founded by the Thai government on 24 February 1954. A state enterprise under the Ministry of Transport and Communications, i ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Stock Exchange Of Thailand
The Stock Exchange of Thailand ( th, ตลาดหลักทรัพย์แห่งประเทศไทย), or SET, is the only stock exchange in Thailand. Founded on 30 April 1975, it is ASEAN’s 2nd largest after Singapore and the world's 25th by market capitalization at (both SET and mai) as of 22 October 2022. From 2015 to June 2020 it was the biggest IPO market in Southeast Asia in terms of accumulated raised fund at USD 17.8 billion (THB 598.0147 billion). It is also the region’s most active bourse for 10 consecutive years with daily trading turnover normally exceeding USD 2 billion. In recent years, the number of market participants has risen sharply: trading accounts has increased almost 10 times from 2008 to 2022. Based on the number of investors, about 3% of people in Thailand participate in the stock market. SET index is the oldest and the most cited equity index in Thailand. It made intraday all-time high at 1852.51 on 27 February 2018, surpassing th ...
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Ministry Of Digital Economy And Society
The Ministry of Digital Economy and Society ( Abrv: MDES; th, กระทรวงดิจิทัลเพื่อเศรษฐกิจและสังคม, ), formerly known as the Ministry of Information and Communication Technology (MICT), th, กระทรวงเทคโนโลยีสารสนเทศและการสื่อสาร, is a cabinet ministry of Thailand. MICT was established on 3 October 2002 by the Administrative Reorganisation Act, 2002. The new ministry was created as the Ministry of Digital Economy and Society by the Re-organization of Ministry, Bureau and Department Act, B.E. 2558. History In September 2016, Ministry of Information and Communication Technology (MICT) was dissolved and replaced by the Ministry of Digital Economy and Society. The ministry assumed the responsibilities of MICT. MICT's former agencies, the National Statistical Office of Thailand, the Thai Meteorological Department, the Electronic Transactions De ...
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Softbank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Fund investors include sovereign wealth funds from countries in the Middle East. The company is known for the leadership of its controversial founder and largest shareholder Masayoshi Son. It operates in broadband, fixed-line telecommunications, e-commerce, information technology, finance, media and marketing, and other areas. SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world and the second-largest publi ...
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MVNE
A mobile virtual network enabler (MVNE) is a company that provides network infrastructure and related services, such as business support systems, administration, and operations support systems to a mobile virtual network operator (MVNO). This enables MVNOs to offer services to their own customers with their own brands. The MVNE does not have a relationship with consumers, but rather is a provider of network enablement platforms and services. MVNEs specialize in planning, implementation, and management of mobile services. Typically this includes SIM provisioning and configuration, customer billing, customer relationship management, and value-added service platforms. In effect, they enable an MVNO to outsource both the initial integration with the MNO, and the ongoing business and technical operations management. A related type of company is a mobile virtual network aggregator (MVNA). MVNE is a telecom solution, whereas MVNA is a business model which includes wholesale of an operat ...
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Advanced Info Service
Advanced Info Service Public Company Limited (AIS) is Thailand's largest GSM mobile phone operator with 39.87 million customers as of Q3 2016. Founded in April 1985, AIS started off as a computer rental business. In October 1990, it launched analog 900 MHz mobile phone services with a 20-year monopoly concession from the Telephone Organization of Thailand (TOT), and later became the first company allowed to operate on the GSM-900 frequency. It acquired Shinawatra Paging in June 1992. The company is controlled by the Intouch Holdings (formerly Shin Corporation), headed by Temasek Holdings, a Singapore government-owned agency. AIS listed on the Stock Exchange of Thailand on . As of 23 December 2011, Intouch holds 40.45 percent of the shares of the company and Singapore Telecommunications (also majority-held by Temasek) together with Thai Trust Fund and OCBC Nominees holds a 23.32 percent stake. Temasek bought the AIS brand through the 2006 acquisition of the Shin Corporation fr ...
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Public–private Partnership
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions.Hodge, G. A and Greve, C. (2007), Public–Private Partnerships: An International Performance Review, Public Administration Review, 2007, Vol. 67(3), pp. 545–558 Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. They have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems. Cooperation between private actors, corporations and governments has existed since the inception of sovereign states, notably for the purpose of tax collection and colonization. However, contemporary "public-private partnerships" came into being ...
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National Council For Peace And Order
The National Council for Peace and Order (NCPO; th, คณะรักษาความสงบแห่งชาติ; ; abbreviated ( th, คสช.; )) was the military junta that ruled Thailand between its 2014 Thai coup d'état on 22 May 2014 and 10 July 2019. On 20 May 2014, the military declared martial law nationwide in an attempt to stop the country's escalating political crisis, and to force the democratically elected government out of office. On 22 May, the military removed the Yingluck Shinawatra government and formed the NCPO to take control of the country. The junta censored the broadcasting system in Thailand, suspended most of the constitution (except for the article concerning the country's king), and detained members of the Thai cabinet. The NCPO was formally dissolved following the swearing-in of the new cabinet on 16 July 2019. Critics like former Thai ambassador Pithaya Pookaman charge that the NCPO "...is practically still very much intact. Its arbitrar ...
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Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the govern ...
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Saprang Kalayanamitr
General Saprang Kalayanamitr ( th, สพรั่ง กัลยาณมิตร; , also known as Poei ( th, เปย) or Big Poei ( th, บิ๊กเปย), born 8 July 1948 in Lampang, Thailand) is a retired officer of the Royal Thai Army, Assistant Secretary-General of the Council for National Security, Commander of the junta's 14,000-man anti-protest force, chairman of the Board of Directors of Airports of Thailand (AoT), and also Chairman of the Boards of TOT and CAT Telecom, two major Thai state-owned telecommunication companies. Saprang served for nearly three decades in the army cavalry corps, and was promoted to 3rd Army Region Commander in 2005. He was a key leader of the September 2006 coup that overthrew the government of Prime Minister Thaksin Shinawatra.The NationSecret military division deployed 27 December 2006 Bangkok PostCNS to have own B500m peace-keeping force, 27 December 2006 Saprang is one of the fiercest critics of Thaksin Shinawatra, calling hi ...
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CDRM
The Council for National Security ( th, คณะมนตรีความมั่นคงแห่งชาติ; ) or CNS ( th, คมช.), formerly known as the Council for Democratic Reform ( th, คณะปฏิรูปการปกครองในระบอบประชาธิปไตยอันมีพระมหากษัตริย์ทรงเป็นประมุข; ) or CDR ( th, คปค.), was the military junta that governed Thailand after staging a coup d'état against Prime Minister Thaksin Shinawatra. The council was led by Army Commander General Sonthi Boonyaratglin who acted as the prime minister and the cabinet, until General Surayud Chulanont was appointed as a new prime minister. Under the CNS-drafted interim constitution, the Council continued to maintain considerable power, particularly over the drafting of a permanent constitution. The council came to an end by operation of section 298, paragraph 2, of the Constitution ...
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