Thailand’s Samart Corp. has won the bidding to build TOT’s forthcoming 3G network following a public auction.
The action was nearly delayed after protests from Ericsson who claimed they had been unfairly dismissed from bidding, but a court order last night permitted it to go ahead.
The reserve bid for the network tender was set at US$561.30 million, and there were 17 bids during the auction.
The Samart consortium – which is made up of Samart, Loxley, Nokia Siemens Networks and Huawei – won with a minimum bid of US$527 million, which was 6.59% below the reserve price. The formal contract is expected to be signed next month with a limited service launch from April. The state-owned TOT will then expand its 3G coverage of over 5,000 base stations nationwide within this year.
http://www.wiireless.com/251884-tot-awards-3g-contract-to-samart-thailand/
The action was nearly delayed after protests from Ericsson who claimed they had been unfairly dismissed from bidding, but a court order last night permitted it to go ahead.
The reserve bid for the network tender was set at US$561.30 million, and there were 17 bids during the auction.
The Samart consortium – which is made up of Samart, Loxley, Nokia Siemens Networks and Huawei – won with a minimum bid of US$527 million, which was 6.59% below the reserve price. The formal contract is expected to be signed next month with a limited service launch from April. The state-owned TOT will then expand its 3G coverage of over 5,000 base stations nationwide within this year.
http://www.wiireless.com/251884-tot-awards-3g-contract-to-samart-thailand/
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