In 2000, Hutchison Telecom and CAT Telecom Public Company Limited (CAT Telecom) entered into a joint venture by establishing Hutchison CAT Wireless MultiMedia Ltd. ("Hutchison CAT") to provide exclusive marketing services for CAT Telecom’s CDMA mobile telecommunication in 25 provinces located in the Bangkok metropolitan area and in central, east coast and west coast regions of Thailand. In 2003, Hutchison CAT launched marketing services for CAT Telecom’s CDMA mobile services under the brand Hutch, providing high speed voice and data wireless service to customers. In November 2007 the signing of a non-binding Memorandum of Understanding ("MOU") with CAT Telecom was announced to combine the Thai operations network with that of CAT to create a nationwide CDMA network. Implementation of the MOU is seen as a key step by both parties to move the business to sustained levels of profitability.