This chapter examines the telecom market structure of Thailand. Thailand has suffered from all too frequent changes of government and military coups, the legacy of which has been policy stasis on the one hand and regulatory risk on the other for investors in many areas of the economy, including telecommunications. Reforms in the telecoms sector were held up for many years by the constitutional ban on private and foreign ownership of national infrastructure assets and only two state-owned enterprises were franchised to run telecom services, the TOT (Telephone Organization of Thailand) for domestic traffic and calls to the neighbouring countries, and the CAT (Communications Authority of Thailand) for all other international traffic. A change of Thailand's constitution in 1997 has opened the way for the creation of an independent regulator, the NTC (National Telecommunications Commission) and for the issuing of licences by the NTC for broadband services, Internet and other services independent of the TOT and CAT.
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