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Bangkok Post: True Move renews search for partners

Bangkok Post | April 25, 2011 | Srisamorn Phoosuphanusorn

True Move is seeking to restart talks with prospective foreign partners in another step to move ahead with its third-generation (3G) mobile broadband service.

“We’re proceeding with our 3G business expansion as planned, confident that our Hutch takeover deal is legitimate and complies with the law,” said Suphachai Chearavanont, the president and chief executive of True Corporation.

The deal between True Move’s parent and Hutchison of Hong Kong is under investigation by the Office of the Auditor-General, which wants clarification from CAT Telecom and the Information and Communications Technology Ministry.

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