IEC terminates airtime provider agreement with DTAC

International Engineering Public (IEC) said on Monday that it and Total Access Communication Plc (DTAC) mutually agreed to terminate the Airtime Provider Agreement signed on April 10, 1998 and its subsequent supplement agreements before the date of contract expiry (The Agreement has 17-year validity, commencing April 10, 1998 until April 9, 2015).

Upon the transaction, the Company obtains Bt290 million cash in return. - The Nation

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