Thursday, November 14, 2019

Dtac turns over revenues from client-protection fees

Apr 10. 2019
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By The Nation

3,413 Viewed

Total Access Communication (Dtac ) yesterday paid the National Broadcasting and Telecommunication Commission the minimum revenue of more than Bt603 million from fees charged for services on the 1800MHz and 850MHz spectra during a subscriber-protection period between September 16 and December 15, after the concession expired on September 15, last year.

Dtac and CAT Telecom jointly submitted the protection plan to the NBTC on June 7, 2018 for the many subscribers still using the bandwidth they operated. 

The plan provided remedial measures to assure customers of continuous service without SIM blackouts. 

By NBTC rules, a telecom operator has to pay the revenue earned during the protection period to the watchdog.

Dtac chief executive officer Alexandra Reich said, “Dtac makes the minimum payment for the revenue of Bt603 million from providing services on 1800 MHz and 850 MHz spectrum under the customer protection period after received a letter of notification from NBTC. 

Dtac emphasises the benefits to the customers of uninterrupted services and want to maintain service quality in accordance with relevant NBTC measures and announcements."


Yoshimoto teams up with iflix 

Yoshimoto Kogyo Co Ltd, the largest entertainment conglomerate in Japan, yesterday announced a significant strategic investment in iflix, Southeast Asia’s leading entertainment service. This is Yoshimoto Kogyo’s first investment in overseas media, and it hopes that this will accelerate development for future projects in Asia.

The two companies also announced the formation of an exclusive joint-venture out of Singapore to showcase Yoshimoto Group’s most popular content across iflix’s territories in Asia, the Middle East and North Africa, and the corresponding distribution of iflix’s content in Japan.

 The joint venture will also produce localised versions of proven content formats out of Japan, to significantly expand iflix’s original content offering.

The content to be provided to iflix will be popular Japanese programmes that will be localised for Asian countries (animation, drama, movies, variety, and comedy among others ), and in the future, it hopes to develop all-Japan original content including programmes and films for an Asian market.

The joint venture underscores iflix’s growing focus on developing and creating highly-engaging hyper-local programming specifically for millennials and Gen Z generations, the majority of which come from emerging and developing markets in Southeast Asia, and Yoshimoto Kogyo’s mandate to promote the export of Japanese content and formats to younger international audiences. 

Yoshimoto Kogyo has been actively promoting Asian development for the last few years. 

In 2014, the company established MCIP Holdings in Indonesia as its base of Asian strategy and began the "Living in Asia Comedians" programme . This programme has Yoshimoto comedians living and working in 7 different countries in Asia. 

In Aprillast year , it announced the establishment of the "Okinawa Asia Entertainment Platform," an integrated national platform for distributing various types of content on the Internet.


Investors briefed on debentures 

Thai Airways International Plc (THAI) recently organised a presentation of the company’s planned issuance of debentures to investors, led by president Sumeth Damrongchaitham with company executives and representatives from the three underwriters: KBank, Bangkok Bank and Krungthai Bank. 

The debentures of THAI will be allotted in seven trenches with the tenors of 1, 2, 3, 5, 7, 10 and 15 years. The debentures are name-registered, unsubordinated and unsecured with debentures holders’ representative. 

The company receives A Rating by Tris Rating Co Ltd, which is preparing to assign the rating for the debentures. The coupon rate of the debentures will be determined by April this year.


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