NERA Economic Consulting Will Help Thailand Develop New Mobile Telecommunications Regulatory Framework and Recommend Spectrum Auction Design

29 July 2009

29 July 2009/New York -- NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, has been awarded a contract to conduct two key projects central to modernizing Thailand's telecommunications industry. The Thai National Telecommunications Commission has asked NERA to design and to recommend the appropriate process for Thailand's upcoming 3G-spectrum license auction, and to recommend a suitable regulatory framework for the mobile communications sector.

"We are honored that the National Telecommunications Commission decided to select NERA to conduct these important assignments at this critical stage in the development of Thailand's telecommunications market," said NERA Vice President Christian Dippon, who will lead the projects. "We believe that NERA's reputation for rigorous economics, our extensive experience with designing and conduction auctions across a number of industries, and our in-depth expertise in telecommunications were central factors to our selection in this highly competitive contract award."

NERA is expected to complete the two assignments for the National Telecommunications Commission during the third quarter of this year.

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.