DIF plans fourth round of assets investment - News Summed Up

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DIF plans fourth round of assets investment


It also owns and holds long-term leasehold interests in and the right to net revenue from approximately 2.7 million core kilometres of optical fibre cable. The telecom infrastructure assets of True Group in which DIF will invest in its fourth round of additional investment comprise the following:1. Ownership of fibre optic cables (FOC), which are currently used for the provision of mobile phone services upcountry, with a distance of 1,795 kilometres (or about 107,694 core kilometres). Ownership of FOC, which are currently used to support the FTTx technology for the provision of Internet and broadband Internet services in Greater Bangkok, and upcountry provinces, with a total distance of approximately 315 kilometres (or approximately 40,823 core kilometres) and approximately 617 kilometres (or approximately 37,505 core kilometres), respectively. The only source of funds to be used in the investment will be from an increase in its registered capital.


Source: The Nation Bangkok May 30, 2019 02:26 UTC



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