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Companies / Thailand

True In Talks To Launch Rival International Submarine Cable

September 2008 | Company News Alert
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True Internet Gateway (TIG), a unit of converged service provider True Group, plans to invest THB1.4bn (US$41mn) in a proposed joint venture project to build a new submarine cable link between Thailand and the US. This would effectively end the monopoly held by state-owned operator CAT Telecom in the undersea cable market.