TT&T wins arbitration case against TOT

       TT&T won a third arbitration case over TOT Plc involving 2.3 billion baht concerning a revenue-sharing dispute.
       The victory was reported to the Stock Exchange of Thailand yesterday.
       But TOT plans to lodge an appeal with the Administrative Court over the arbitration court's ruling that it pay 2.3 billion to provincial fixed line operator TT&T over a revenue-sharing dispute seven years ago.
       TOT president Varut Suvakorn said TOT would protect its right to appeal,which means the case might take years before a final verdict is reached.
       TT&T won two earlier arbitration cases, the first involving 23 billion baht in compensation.
       Mr Varut said if a final ruling by the Administrative Court favoured TT&T,then TOT would comply. But he added he was sure TOT did not have the cash to pay such an amount.
       A shareholder of TT&T said the latest case filed by TT&T related to unfair revenue collection by TOT for long-distance call service. He added if TOT appeals the process might take as long as 10 years. But he was optimistic that although the case was far from over, its third consecutive victory should give TT&T more bargaining power in other disputes.TT&T filed four cases against TOT.
       In the first case TT&T filed against TOT, it demanded 23 billion baht in compensation after TOT allowed mobilephone operators to connect to its provincial network and collected 200 baht per month per number from each mobile phone operator.
       TT&T shares rose 4 satang to close at 71 satang in trade yesterday worth 52.9 million baht.