Mobile Phone Uses Increased Rapidly in Thailand

Research and Markets has announced the addition of Telecommunications in Thailand to their offering. This Study has been published for those companies requiring an in-depth report describing the current state of the telecommunications industry in Thailand.

While that industry is under-developed at present, it is moving forward. Until recently, it was characterized by a regulatory regime that had developed over the years as a hotchpotch of complex and ill-defined agreements. Efforts are being made to straighten out the situation prior to full de-regulation and liberalisation planned for the end of 2006.

The industry has, in many respects, recovered well from the serious financial crisis experienced by the country in 1997. That crisis had severe repercussions for the whole economy but, for a variety of reasons, was particularly damaging to the telecom industry. The costs of the major infrastructural investments that many telecom companies had just made could not be recouped because of a fall in demand. Many companies are still suffering because of the large debts they incurred at that time.

Nevertheless, the telecom industry is recovering. Nowhere is this clearer than in the mobile sector where rapid subscriber growth over the past four years has taken the country up into the middle range of Asia-Pacific countries in terms of mobile telephony penetration. Other telecom sectors are also showing promise. [3G!]

Read more: Yahoo! Finance via Asia Tech