Information and Communication Networks Public Company Limited (ICN) has once again instilled confidence in the market by signing two significant contracts with Provincial Electricity Authority (PEA). These contracts have a combined value of 411,072,546.50 Baht (inclusive of Value Added Tax), underscoring ICN's capabilities and expertise in the telecommunications network business.
The first contract pertains to the lease-purchase and provision of an integrated digital radio communication system in the southern region, valued at 363,586,000.00 Baht (inclusive of Value Added Tax). This contract has an operational period of 60 months, ensuring a continuous and stable revenue stream. The second contract involves the procurement of fiber optic cables and spare inventory for the inspection, repair, and enhancement of fiber optic cables, with a total value of 47,486,546.50 Baht (inclusive of Value Added Tax) and an operational period of 120 days.
The successful acquisition of these projects from a state enterprise such as PEA reflects the trust placed in ICN's quality and operational standards. This achievement is expected to positively impact the company's long-term performance and strengthen its business foundation amidst the ongoing expansion of digital networks nationwide.