Motorola ends Bencharongkul relationship, NATION
From: The Nation (Thailand) Date: September 1, 1998 Author: USANEE MONGKOLPORN
USANEE MONGKOLPORN The Nation (Thailand) 09-01-1998 AFTER a decades-long family partnership, Motorola Inc Monday finally sold its stake in a Thai holding company which is the major shareholder of United Communication Industry Plc (Ucom). Motorola and Ucom's Bencharongkul family created a business relationship through their joint ownership of World Telecom Holding. The joint-venture held a 50.97 per cent stake in Ucom, one of Thailand's major local distributors of communications equipment and investors in telecom services. The sell-off has ended speculation over Motorola's plans for Thailand. The ...
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