‘National Telecom’ of Thailand [Brought to you by Chandler MHM]

A first in the market

Following the Cabinet’s approval on 14 January 2020, a new state enterprise, National Telecom Public Company Limited or “NT”, was formed on 7 January 2021 by a merger of CAT Telecom Public Company Limited (“CAT”) and TOT Public Company Limited (“TOT”). NT has assets worth over THB300 billion in value including over 25,000 telecommunication towers nationwide, spectrum usages, underwater cables, radio frequency, underground conduits, fiber optic cables, 13 data centres across the nation and international telecommunications infrastructure, with more than 17,000 employees.

The merger was implemented through an amalgamation under Section 146 of the Public Companies Act of Thailand as a result of which NT has succeeded and assumed all rights, obligations and liabilities of both CAT and TOT by the operation of law. NT remains to be 100% owned by the…