Published on January 8, 2008

Loxley Group Wins CAT Bid

LSI Consortium, comprising Loxley Plc and International Engineering Corp, yesterday won an electronic auction for CAT Telecom's integrated billing and customer service system project with a bid price of 891 million baht. The consortium's price was 36% lower than the official median price set earlier by CAT Telecom.

Air Marshal Priya Siriboon, the CAT board spokesman, said the bid was very satisfactory because it was the lowest ever. CAT earlier expected the project to cost around 1.2 billion baht.

To read further, please visit the Bangkok Post website: http://www.bangkokpost.com/080108_Business/08Jan2008_biz31.php