NBTC reverses course on telecom infrastructure fundsThe National Broadcasting and Telecommunications Commission (NBTC) board has reversed its stance on its requirement for telecom infrastructure funds to seek telecom licences, saying these funds are just financial tools to raise capital. The board also assigned management to draw up a regulatory draft to determine all telecom infrastructure funds are not subject to requirements for a telecom licence. Existing telecom infrastructure funds listed on the stock market have never applied for telecom licences from the NBTC, although the regulator informed them before listing that they needed licences for their operations. In June, the NBTC board assigned its management to draft a regulation governing telecom infrastructure funds. The source indicated the latest resolution is meant to eliminate ambiguity about whether telecom infrastructure funds need to obtain telecom licences to operate because of interpretation of different laws.

Source: Bangkok Post November 29, 2021 04:18 UTC