CAT Telecom is setting out to support the digital economy and the government’s Thailand 4.0 policy by focusing on developing a digital platform and in this context, will be submitting a proposal to its board by the end of this month for its participation in the upcoming 5G network auction, according to CAT president Sanpachai Huvanandana, who says that in 2020, the agency aims to provide a digital platform to support healthcare, education and agriculture.
Digital solutions are a new direction for the company and will help its business operations in the digital era. The firm will provide an infrastructure platform and services to the market in such areas as healthcare, education, agriculture and tourism to support vertical industries.
“Over the next year, we will focus on digital services and expect that this will lead to increased revenue within the next three years,” Sanpachai said, adding that the majority of CAT’s revenue comes from mobile broadband, data center, cloud services and digital IT security.
CAT also intends to take part in the bidding for the 5G network, which is due to take place early next year. In the meantime, it is expecting to generate revenue from its current operation of around Bt39.6 billion and show a profit in the region of Bt400 million.