Fortune-teller popular during NBTC mock auction

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BIZBUZZ
Fortune-teller popular during NBTC mock auction
The Nation

BANGKOK: -- Around 50 officials of the National Broadcasting and Telecommunications Commission were very busy last Thursday. Besides conducting a mock auction of 1,800-megahertz licences for four bidders at the NBTC head office on Phaholyothin Road Soi 8, they were taking turns to wait in a long queue for True Corp's fortune-teller to predict their future.

It is known that Charoen Phokphand Group, which includes True, consults fortune-tellers on many of its important moves, including True's bid for a 1,800MHz licence on Wednesday.

True Move H Universal Communication is one of the four qualified bidders for the licences. The company has sent to the NBTC the name list of the 15 representatives (10 primary ones and five substitutes) who will sit in the bid?ding room.

One person on the name list is the CP Group's fortune-teller, the same one who joined True representatives in the firm's bid for a 2.1-gigahertz licence in 2012.

On the mock-auction day on Thursday, NBTC secretary-general Takorn Tantasith start?ed explaining the bid process to representatives of bidders at 9.30am. Representatives of three bidders went to the room to listen to Takorn right away, but True representatives and the fortune-teller did not go in until around 9.45am.

After that when NBTC officials led representatives of the four bidders to tour the four bidding rooms and one back-up room on the third floor of the head office, some reporters noticed that the fortune-teller took his time carefully observing things in each of the rooms.

And then came the golden opportunity for the NBTC officials.

After the bidding-room tour, the NBTC had each of the four bidders take turns in the mock auction between noon and 4pm, starting with Jas Mobile Broadband, then DTAC TriNet, Advanced Wireless Network (AWN), and True Move H.

Each was given 90 minutes to try the auction. This allowed more than 50 NBTC staff to take turns asking the CP Group fortune-teller to foresee their future.

One True staff member had to arrange a queue.

NBTC staff were reportedly impressed with the fortune-teller, as he gave them the service for free.

But True is not the only high-tech company with a strong belief in luck. Market leader Advanced Info Service, parent of AWN, also does, as reflected by the colour its representatives wore on the days the company submitted its proposals to bid for the 1,800MHz and 900MHz licences. On such days, their representatives all wore the same blue colour.

"And we're working out which colour to wear on the day of the 1,800MHz auction," an AIS executive said.

Source: http://www.nationmultimedia.com/business/Fortune-teller-popular-during-NBTC-mock-auction-30272522.html


-- The Nation 2015-11-09

[jgriff]

Is this why things don't get done? One would think that high paid executives wouldn't need a mock auction and especially with a fortune teller. Poor shareholders

[NongKhaiKid]

NBTC staff were impressed because they had their fortunes read for free ! Says so much.

Reassuring to know that some big companies make major decisions based on luck, why bother with market research, indicators etc. ?

[ezzra]

Would not be surprise at all if one day, a soothsayer and a seer will be elected as a PM, something that

will please the very superstitious Thai society, come to think of it, that will be the perfect solution, because

what ever that PM will say, will be accepted without a question or resentments...

[JohnnyJazz]

When you see the terrible mess that currently is the Middle Eat you can reasonably doubt about the sanity of the humanity. And why ? Because the elected leader of one of the most powerful nation on earth said "God told me to invade Iraq". So if the shareholders of some obscure company in a second rate country want to invite a soothsayer at their meeting who are we to criticize. And, honestly, who cares ?

Edited November 9, 2015 by JohnnyJazz

[waldroj]

You've gotta believe a True fortune teller!

[worgeordie]

Is this the same fortune teller who forecast how much they should

bid for the EPL,and lost out to CTH ?,

regards worgeordie

[cookee68]

fools fools