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TOT Public Company Limited

TOT Public Company Limited (Thai: ทีโอที) is a Thai state-owned telecommunications company. Originally established in 1954 and corporatized in 2002, TOT used to be known as the Telephone Organization of Thailand and TOT Corporation Public Company Limited. TOT's main line of business is fixed line telephony, although it has several other businesses, including mobile telephony.[1] Since 2021, TOT PCL become National Telecom Public Company Limited after merger with CAT Telecom.[2]

TOT Public Company Limited
TOT headquarters in Bangkok (2015)
Native name
บริษัท ทีโอที จำกัด (มหาชน)
TypeState-owned
IndustryTelecommunication
Founded24 February 1954
Defunct6 January 2021
SuccessorNational Telecom Public Company Limited
Headquarters,
Thailand
Area served
Thailand
Key people
Monchai Noosong
(President)
Products
Revenue30.8 billion baht (2016)
1.6 billion baht (2016)
-5.8 billion baht (2016)
Websitewww.tot.co.th

Early history Edit

The first use of the telephone in Thailand began during the reign of King Rama V in 1881 with a telephone line constructed between the Bangkok, and Paknam, in Samut Prakan, a short distance south of Bangkok along the Chao Phraya River. Its purpose was to inform Bangkok of the arrival and departure of ships at Paknam.[3]

The Telephone Organization of Thailand was founded by the Thai government on 24 February 1954. A state enterprise under the Ministry of Transport and Communications, it incorporated the Telephone Technician Unit under The Post and Telegraph Department. It originally had 732 staff members and a budget of 50 million baht. The TOT provided telephone services in the Bangkok metropolis, which included Wat Lieb, Bang Rak, Ploenchit, and Sam Sen Exchanges.[4]

TOT was transformed from a state-owned enterprise under the control of the Transport and Communication Ministry to a public company named TOT Corporation Public on 31 July 2002.

Corporate status change and the aftermath of the 2006 coup Edit

Under the deposed government of Thaksin Shinawatra (2001–2006), TOT became a corporation and plans were under way to privatise a portion of the state enterprise through an IPO on the Stock Exchange of Thailand. These plans were cancelled after the Thaksin government was overthrown by a coup on 19 September 2006. Soon after the coup, the junta of General Surayud Chulanont announced plans to merge TOT with rival state telecom enterprise CAT Telecom (formerly the Communications Authority of Thailand).[5]

The junta also appointed junta assistant secretary-general General Saprang Kalayanamitr as the new chairman of the board of directors of TOT. General Saprang's first move as TOT chairman was to hand-pick three Army colonels and controversial Thaksin-critic Vuthiphong Priebjrivat to sit on the state enterprise's board of directors.

The junta cancelled the Thaksin government's telecom excise tax policy. The Thaksin government had imposed an excise tax on privately offered fixed and cellular services, and then allowed telecom companies to deduct the amount they paid in excise tax from concession fees they had to pay to state concession owners TOT and CAT Telecom. The amount paid by the private telecom firms did not change. The Surayud government's excise tax cancellation meant that TOT and CAT Telecom would receive their full concession payments. However, TOT and CAT were then forced to increase their dividends to the Ministry of Finance to account for their increased income.[6]

In December 2009, TOT became Thailand's first 3G mobile phone service provider, launching 3G mobile phone service (Phase 1) via the brand TOT3G, by enhancing 584 base stations in Bangkok and its vicinity to accommodate 500,000 numbers for the service and with a goal of nationwide coverage by the end of 2011.

Restructuring plan Edit

In August 2014, TOT was ordered by the State Enterprise Policy Commission to submit a proposal that would wind down non-core businesses, allowing it to reduce costs.[7] Known in Thailand as the "superboard", the commission was established by Thailand's National Council for Peace and Order (NCPO) and tasked with assessing the operations of state enterprises. TOT restructuring plan includes splitting into six subsidiary operations that would then partner with private firms.

TOT plans to streamline its business into the following six key areas:

  • Telecoms infrastructure
  • Towers
  • Broadband
  • Mobile wholesale
  • ICT and cloud
  • International gateway/submarine cable

TOT announced its intention to upgrade its business, through public–private partnership (PPP) and commercial agreements with third-party companies. Among the companies that have expressed interest in a partnership with TOT are:

On 7 January 2021, TOT PCL agreed to merge with CAT Telecom into a new company, National Telecom Public Company Limited (NT) according to the cabinet resolution by Ministry of Digital Economy and Society under Prime Minister Prayut Chan-o-cha.[11][12] After a successful merger, a new company will have the most integrated infrastructure and has the most network coverage, all ranges of telephone frequencies and the best quality of use make it have the potential and the ability to serve both government customers, the private sector and the people of all areas receive a strong network service to help increase the development potential of the country to enter Thailand 4.0 and also help promote the competitiveness of private customers and SME, the general public will receive telecommunication services that cover all areas of the country to access the digital world.[13]

Mobile Virtual Network Operator Host Edit

TOT is also a host network operator, who hosts Mobile virtual network operator (MVNOs).

As of January 2017, TOT had two MVNOs operating on its network:

  • i-Kool 3G (Loxley)
  • IEC3G - Renamed to Tron IEC3G As of 25 March 2014[14]

End of 2016 the MVNO's and TOT itself, had a combined market share of 0.18% representing 163,658 subscribers out of a total market size of 90,921,572.[15]

In January 2017, TOT's financial statement reported total revenue of THB 30.8 billion in 2016. Ebitda of THB 1.6 billion, and a Net Loss of THB 5.8 billion[16]

References Edit

  1. ^ Tortermvasana, Komsan (31 August 2016). "TOT head 'fails evaluation'". Bangkok Post. Retrieved 6 September 2016.
  2. ^ "Cat ควบรวม Tot เสร็จเปลี่ยนเป็น Nt ตั้งเป้า 64 ติด 1 ใน 3 บริษัทโทรคมนาคมไทย". 7 January 2021.
  3. ^ Thai National Archives
  4. ^ TOT, About TOT[dead link]
  5. ^ The Nation, Call for end to policy corruption, 16 October 2006
  6. ^ The Nation, Telecom excise tax revoked 2007-10-25 at the Wayback Machine, 24 January 2007
  7. ^ The Nation, CAT, TOT given 3 months for due diligence of assets, 17 Maj 2015
  8. ^ "ONE DEVELOPMENT keen on partnership with Thailand’s state telco TOT". Thai Visa. Retrieved 2015-02-22
  9. ^ "Loxley Pcl.". Retrieved 2015-05-17
  10. ^ "Mobile LTE vies for partnership with TOT". The Nation. Retrieved 2015-05-17
  11. ^ "TOT และ CAT ควบรวมเป็นบริษัทใหม่ National Telecom (NT) มีผลวันนี้ 7 ม.ค. 2564 | Blognone".
  12. ^ "ดีเดย์ 7 ม.ค.64 ควบรวม Tot-Cat เป็นบมจ.โทรคมนาคมแห่งชาติ ลดซ้ำซ้อน | อินโฟเควสท์".
  13. ^ "404 Not Found". {{cite web}}: Cite uses generic title (help)
  14. ^ "The MVNO IEC3G quietly resurrects as Tron IEC3G". Yozzo.com. Retrieved 2015-05-16
  15. ^ "Thailand’s MVNO Market 2016 – TOT, 2100MHz, 2300MHz" Yozzo.com
  16. ^ "TOT postpones infrastructure fund" Bangkok Post

External links Edit

  • Official website

public, company, limited, thai, โอท, thai, state, owned, telecommunications, company, originally, established, 1954, corporatized, 2002, used, known, telephone, organization, thailand, corporation, public, company, limited, main, line, business, fixed, line, t. TOT Public Company Limited Thai thioxthi is a Thai state owned telecommunications company Originally established in 1954 and corporatized in 2002 TOT used to be known as the Telephone Organization of Thailand and TOT Corporation Public Company Limited TOT s main line of business is fixed line telephony although it has several other businesses including mobile telephony 1 Since 2021 TOT PCL become National Telecom Public Company Limited after merger with CAT Telecom 2 TOT Public Company LimitedTOT headquarters in Bangkok 2015 Native namebristh thioxthi cakd mhachn TypeState ownedIndustryTelecommunicationFounded24 February 1954Defunct6 January 2021SuccessorNational Telecom Public Company LimitedHeadquartersBangkok ThailandArea servedThailandKey peopleMonchai Noosong President ProductsMobile telephonyWireless broadband servicesRevenue30 8 billion baht 2016 Operating income1 6 billion baht 2016 Net income 5 8 billion baht 2016 Websitewww wbr tot wbr co wbr th Contents 1 Early history 2 Corporate status change and the aftermath of the 2006 coup 3 Restructuring plan 4 Mobile Virtual Network Operator Host 5 References 6 External linksEarly history EditThe first use of the telephone in Thailand began during the reign of King Rama V in 1881 with a telephone line constructed between the Bangkok and Paknam in Samut Prakan a short distance south of Bangkok along the Chao Phraya River Its purpose was to inform Bangkok of the arrival and departure of ships at Paknam 3 The Telephone Organization of Thailand was founded by the Thai government on 24 February 1954 A state enterprise under the Ministry of Transport and Communications it incorporated the Telephone Technician Unit under The Post and Telegraph Department It originally had 732 staff members and a budget of 50 million baht The TOT provided telephone services in the Bangkok metropolis which included Wat Lieb Bang Rak Ploenchit and Sam Sen Exchanges 4 TOT was transformed from a state owned enterprise under the control of the Transport and Communication Ministry to a public company named TOT Corporation Public on 31 July 2002 Corporate status change and the aftermath of the 2006 coup EditUnder the deposed government of Thaksin Shinawatra 2001 2006 TOT became a corporation and plans were under way to privatise a portion of the state enterprise through an IPO on the Stock Exchange of Thailand These plans were cancelled after the Thaksin government was overthrown by a coup on 19 September 2006 Soon after the coup the junta of General Surayud Chulanont announced plans to merge TOT with rival state telecom enterprise CAT Telecom formerly the Communications Authority of Thailand 5 The junta also appointed junta assistant secretary general General Saprang Kalayanamitr as the new chairman of the board of directors of TOT General Saprang s first move as TOT chairman was to hand pick three Army colonels and controversial Thaksin critic Vuthiphong Priebjrivat to sit on the state enterprise s board of directors The junta cancelled the Thaksin government s telecom excise tax policy The Thaksin government had imposed an excise tax on privately offered fixed and cellular services and then allowed telecom companies to deduct the amount they paid in excise tax from concession fees they had to pay to state concession owners TOT and CAT Telecom The amount paid by the private telecom firms did not change The Surayud government s excise tax cancellation meant that TOT and CAT Telecom would receive their full concession payments However TOT and CAT were then forced to increase their dividends to the Ministry of Finance to account for their increased income 6 In December 2009 TOT became Thailand s first 3G mobile phone service provider launching 3G mobile phone service Phase 1 via the brand TOT3G by enhancing 584 base stations in Bangkok and its vicinity to accommodate 500 000 numbers for the service and with a goal of nationwide coverage by the end of 2011 Restructuring plan EditIn August 2014 TOT was ordered by the State Enterprise Policy Commission to submit a proposal that would wind down non core businesses allowing it to reduce costs 7 Known in Thailand as the superboard the commission was established by Thailand s National Council for Peace and Order NCPO and tasked with assessing the operations of state enterprises TOT restructuring plan includes splitting into six subsidiary operations that would then partner with private firms TOT plans to streamline its business into the following six key areas Telecoms infrastructure Towers Broadband Mobile wholesale ICT and cloud International gateway submarine cableTOT announced its intention to upgrade its business through public private partnership PPP and commercial agreements with third party companies Among the companies that have expressed interest in a partnership with TOT are Advanced Info Service AIS MVNE One Development 8 Softbank Softbank Corporation Loxley Pcl 9 MobileLTE 10 On 7 January 2021 TOT PCL agreed to merge with CAT Telecom into a new company National Telecom Public Company Limited NT according to the cabinet resolution by Ministry of Digital Economy and Society under Prime Minister Prayut Chan o cha 11 12 After a successful merger a new company will have the most integrated infrastructure and has the most network coverage all ranges of telephone frequencies and the best quality of use make it have the potential and the ability to serve both government customers the private sector and the people of all areas receive a strong network service to help increase the development potential of the country to enter Thailand 4 0 and also help promote the competitiveness of private customers and SME the general public will receive telecommunication services that cover all areas of the country to access the digital world 13 Mobile Virtual Network Operator Host EditTOT is also a host network operator who hosts Mobile virtual network operator MVNOs As of January 2017 TOT had two MVNOs operating on its network i Kool 3G Loxley IEC3G Renamed to Tron IEC3G As of 25 March 2014 update 14 End of 2016 the MVNO s and TOT itself had a combined market share of 0 18 representing 163 658 subscribers out of a total market size of 90 921 572 15 In January 2017 TOT s financial statement reported total revenue of THB 30 8 billion in 2016 Ebitda of THB 1 6 billion and a Net Loss of THB 5 8 billion 16 References Edit Tortermvasana Komsan 31 August 2016 TOT head fails evaluation Bangkok Post Retrieved 6 September 2016 Cat khwbrwm Tot esrcepliynepn Nt tngepa 64 tid 1 in 3 bristhothrkhmnakhmithy 7 January 2021 Thai National Archives TOT About TOT dead link The Nation Call for end to policy corruption 16 October 2006 The Nation Telecom excise tax revoked Archived 2007 10 25 at the Wayback Machine 24 January 2007 The Nation CAT TOT given 3 months for due diligence of assets 17 Maj 2015 ONE DEVELOPMENT keen on partnership with Thailand s state telco TOT Thai Visa Retrieved 2015 02 22 Loxley Pcl Retrieved 2015 05 17 Mobile LTE vies for partnership with TOT The Nation Retrieved 2015 05 17 TOT aela CAT khwbrwmepnbristhihm National Telecom NT miphlwnni 7 m kh 2564 Blognone diedy 7 m kh 64 khwbrwm Tot Cat epnbmc othrkhmnakhmaehngchati ldsasxn xinofekhwsth 404 Not Found a href Template Cite web html title Template Cite web cite web a Cite uses generic title help The MVNO IEC3G quietly resurrects as Tron IEC3G Yozzo com Retrieved 2015 05 16 Thailand s MVNO Market 2016 TOT 2100MHz 2300MHz Yozzo com TOT postpones infrastructure fund Bangkok PostExternal links EditOfficial website Retrieved from https en wikipedia org w index php title TOT Public Company Limited amp oldid 1172949474, wikipedia, wiki, book, books, library,

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