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Sat, October 28, 2006 : Last updated 17:46 pm (Thai local time)



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Home > Business > Sweeping changes in state telecom boards





Sweeping changes in state telecom boards

The Information and Communications Technology Ministry said the boards of directors of the three state telecom agencies should be made up of qualified persons from different backgrounds.

ICT Minister Sitthichai Pookaiyaudom said the boards should be made up of those from the technology, law, management and national security fields, instead of from the telecom sector only.

The broader knowledge they all have, the faster they can make joint decisions on crucial issues, he said.

Kraisorn Pornsutee, the ICT ministry's permanent secretary, resigned from his posts as CAT chairman of the board and TOT board director on Tuesday. On Thursday and yesterday, the boards of TOT, CAT Telecom and Thailand Post all resigned.

Sitthichai recently ordered the deputy permanent secretary to devise guidelines for merging the boards of the three agencies as part of his policy of reducing their operational redundancy and improving their work efficiency. "We're studying which legal aspects we can apply to speed up the board merger process," he said.

All three state agencies are in the process of selecting new presidents.

Sitthichai has remained firm in his stance that he does not support the plan for the three state agencies to list on the Stock Exchange of Thailand out of concern that their shares would soon end up in the hands of a small group of investors.

"However, I'm ready to push the policy if the government thinks that listing them in the stock market will contribute to economic growth," he said.








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