Motorola ends Bencharongkul relationship

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 ...