
Executive vice president Supat Karachalkul said the company expected 13-per-cent revenue growth this year, having achieved Bt14 billion last year. The target is due to rising income from the state’s information and communications technology projects. The conglomerate already has a backlog of projects worth about Bt8.4 billion, of which most will be realised this year, he said. ICT projects account for 65 per cent of Loxley’s income, with the remainder coming from trading business.The company is also interested in bidding for projects worth Bt20 billion this year, one of them being TOT’s plan to further expand its 3G network nationwide, said Supat. The Loxley-Samart consortium won a Bt15.99-billion deal from TOT in April last year to roll out 5,320 base stations for the 3G network nationwide in the first phase. TOT is now considering expanding the network to between 18,000 and 20,000 bases over the next two years.