Bangkok Bank says not yet approved loan guarantee for Jasmine

Krung Thai Bank PCL

01/03/2016 09:12

BANGKOK, March 1 (Reuters) - Bangkok Bank  BBL.BK  will 
decide whether to provide a loan guarantee for Jasmine 
International PCL's  JAS.BK  4G license financing only after it 
has seen the firm's new business model and the payment terms set 
by the telecoms regulator, Chansak Fuangfu, the bank's executive 
director, said on Tuesday. 
    Thai broadband operator Jasmine, a relative newcomer to 
mobile telecoms, outbid market leaders Advanced Info Service Pcl 
 ADVANC.BK  and Total Access Communication Pcl  DTAC.BK  last 
year to win the 4G licences. 
    It needs $2.1 billion to pay for the license to offer faster 
4G mobile data. 
     
 
 (Reporting by Manunphattr Dhanananphorn; Editing by Amy Sawitta 
Lefevre and Simon Cameron-Moore) 
 ((amy.lefevre@thomsonreuters.com; Tel: +66 26489737; Reuters 
Messaging: amy.lefevre.thomsonreuters@reuters.net)) 
 
Keywords: BANGKOK BANK 4G/FINANCING