Page 120 - Annual Report 2015 - Mono Technology Public Company Limited

Transactions
Value (Million Baht) As of December 31, 2015
Necessity and Appropriateness/ Opinion of Audit Committee
• The Company, Mono Gen, Mono Production, Mono Info, Mono Film, Mono Broadcast and Mono Radio paid TTTI for:
1) Expense of high speed internet service for supporting TV, Mobile Internet and Radio businesses
2) Expenseofhighspeedinternet service for supporting the office work.
21.84
0.87
The use of high speed internet service is a normal business transaction. TTTI provides Internet service solution with complete system and infrastructure. Also, the office of TTTI is located in the same building as the Company. Thus, it is convenient for maintenance and this helps save travelling cost. Service fee is compa- rable with other providers. Therefore, the transaction is regarded as reasonable at a fair price.
• The Company, Mono Broadcast, Mono Radio and Mono Gen paid TTTI for fixed-line telephone service for supporting call center operation. Meanwhile, Mono Gen used such telephone service for office communication purpose.
The use of fixed-line telephone service is a normal business transaction and the service fee is based on the market rate and is comparable with other providers. Therefore, this transaction is regarded as reasonable at a fair price.
Cost and Expense
• The Company paid JasTel for the use of telecommunication network linking between systems of Jasmine International Tower and DTAC (Rangsit).
1.33
0.74
The use of telecommunication network is a normal business transaction. JasTel is a provider of telecommunication via fiber-optic cable network with complete infrastructure. Service fee is based on the market rate comparable with that of other providers offering similar type of service. Therefore, this transaction is regarded as reasonable at fair price.
• The Company and Mono Info paid JasTel for the rental of co-location server.
The space rental for co-location server is a normal business transaction. JasTel provides Internet service solution with complete infrastructure and offers space rental for co-location server at a specially designed room. Service fee is based on the market rate. Therefore, this transaction is regarded as reasonable at a fair price.
Connected Company
3.JasTel Network Company Limited
120
Mono Technology Public Company Limited