ITEL forms joint venture with SEAX

Singapore firm to invest $31m in SET-listed company to establish ITEL Global

- SUCHIT LEESA-NGUANSUK

Interlink Telecom (ITEL), a SET-listed fixed network telecommunications provider, has formed a joint venture with SEAX Global, a Singapore-based digital infrastructure services company, to expand its overseas customer base and deliver regional end-to-end connectivity services.

SEAX Global will invest US$31 million in ITEL, with the funds used to establish the new venture — ITEL Global.

ITEL Global will increase its registered capital from 1 million to 400 million baht and upgrade its network capacity to 1 terabit per second.

"Thailand’s digital infrastructure industry is truly on an upward trajectory. ITEL is well-positioned to support growth across network services, data centres and national-level projects that enhance the country’s connectivity quality," Nuttanai Anuntarumporn, ITEL group chief executive, told the Bangkok Post.