Mobile phone: a drama in three acts

Mobile phone: a drama in three acts - Chang Noi, May 28, 2007
...Over its 15 years under Shin management, AIS generated 97 billion baht of net profit (74 billion under Thaksin’s premiership). Economists have tried to calculate how much of its value was due to political influence. A TDRI study estimated about a third. Maybe the figure is nearer forty percent. That is how much the market value of Shin Corp has dropped since the day of the sale. The loss is around US$ 1.7 billion.
That suggests however much Thaksin might have invested in politics – in buying bureaucrats, communications ministers, MPs, political parties, voters, or judges – it looks like it was worth it. As long as the family can hold onto it. That’s the sequel...
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