Page 382 - 56-1 One Report 2022 EN
P. 382

Attachment 6 Summary of Operating Agreements, JV Agreements and Licenses


                         Summary of Operating Agreements, Joint Venture Agreements, and Licenses
               Summary of Operating Agreements and Joint Venture Agreements of the Company and its Subsidiaries as follows:

               1. Joint Venture Agreement for Telecommunications Business Operation in Laos

                  1) Privilege to provide services
                      The Company is responsible for telecommunications network operation and development to serve the
                      needs of both public and private sectors in accordance with the national social and economic development
                      plan.

                  2) Operating Agreement terms and protection privilege

                      The Company is entitled to operate the business for 25 years from the date of the agreement under a 5-
                      year investment protection privilege. Lao PDR is responsible for procuring the frequencies, facilitating the
                      domestic and international transmission links, and granting permission for  the installation of network
                      stations including assistance in the acquisition process for station and equipment sites.

                  3) Transfer of ownership, delivery, and receipt of assets
                      Upon the completion of the 25-year joint venture agreement, Shenington Investments Pte Ltd. must transfer
                      its shares in the joint venture to the Government of Lao PDR without any remuneration.

                  4) Agreement renewal

                      On 23 October 2015, the Government of Lao PDR and Shenington Investments Pte Ltd. officially reached
                      the agreement to extend the Joint Venture Agreement and the Master Agreement for the Development of
                      Telecommunications Services in the Lao PDR for another 25 years starting from Year 2021 to Year 2046.

               2. Telecommunication Business Type I License, Thaicom Public Company Limited
                  The Company was granted the Telecommunication Business Type I License by the National Broadcasting and
                  Telecommunications Commission (NBTC) to operate without his or her own network for telecommunications
                  services which are deemed appropriate to be fully liberalized since 16 August 2016 including the following
                  services:

                  (1)  Store-and-Retrieve Value-Added Service
                       (1.1) Vessel Monitoring System Service (VMS)

                      (1.2) Electronic Reporting System and Electronic Monitoring System Service (ERS/EM)

                  (2) Telecommunication resale service
                      (2.1) Leased Circuit / Channel Service:

                             (2.1.1)  Digital Subscriber Line (xDSL)
                             (2.1.2)  Integrated Service Digital Network Service (ISDN)

                             (2.1.3)  Asynchronous Transfer Mode (ATM)

                             (2.1.4)  Leased line
                             (2.1.5)  Frame Relay

                             (2.1.6)  Multi-Protocol Label Switching (MPLS)

               Form 56-1 One Report                                                         Attachment 6 Page 1
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