NNCL participates in a 51% stake in the ALT subsidiary, hoping to upgrade the telecommunications system in Nava Nakorn.

Nava Nakorn Public Company Limited or NNCL Revealed that the Board of Directors meeting today (26 Sep) approved the purchase of 51% shares in Thai Thanan Company Limited at a price of 991,892.37 baht, which is the book value of Thananan, purchased from the company. ALT Telecom Public Company Limited (ALT), which will still have 48.997% shares in Tainan from 99.997%, will result in Thainan being a joint venture between NNCL and ALT. The company expects to sign the contract of sale In the October 31, 2562.

For Titanan Currently, not yet started commercial operations With the objective of operating a telecommunications business By having the first type of internet service (Providing internet services without own network) from the Broadcasting Commission National Broadcasting and Telecommunications Commission (NBTC) for a period of 5 years on 25 April 2018.

In the future, Titanan will build the base station and tower erection in Nava Nakorn Industrial Estate Pathum Thani (Nava Nakorn) in order to allow telecom operators to rent space to install signal-receiving devices. Mobile phones, data signals, or wireless communication devices It is also an orderly arrangement for the sharing of telecommunications infrastructure. (Telecommunication Infrastructure Sharing) and is a way to develop Nava Nakorn to the smart city (Smart City).

As for this investment in Titanan To upgrade the service and support the expansion of the telecommunications system in Nava Nakorn According to good standards and quality For telecommunication operators to use telecommunications infrastructure together Which is to reduce the cost of service In addition, it is a landscape adjustment and increased safety for residents and passers in Nava Nakorn. Which Titanan will receive rental income on a regular basis in the long run.