The 1990s was a time of profound economic and political transformation for Thailand. Through major events of economic boom and bust, 1992 political crisis, and democratization of politics, Thailand drafted a new constitution and undertook major political and economic restructuring. Within the context of Thai telecommunications policy restructuring from the beginning of the 1992 to the end of 2000, this study describes the development of Thai Internet and analyzes the policymaking process of telecommunications industry reforms. The study employs John W. Kingdons political model of policy process and J. P. Singhs conceptual framework of factors determining telecommunications restructuring and state types in decision-making process to analyze the role of multiple policy forces and the role of the Thai state in network policy formation. While the main impetus for restructuring is Thailands aspiration to become the economic hub of Southeast Asia, a myriad of forces are found to be at work in telecommunications policy reforms. Economic integration and global liberalization agenda enforced by the WTO and the IMF have had direct impact on the countrys policymaking. Domestically, in the juxtaposition of maturing democracy and intensifying money politics, business interests become increasingly influential in telecommunications policymaking through more direct political maneuvering at the top levels. There is also a burgeoning influence from public interest groups and the Senate. The plurality of interests in the policy process hampers the ability of the state to direct policy outcome. In the system where policymaking is plagued by vested interests and political squabbles, the policymaking function of the state is seriously undermined and the development of Thai Internet suffers as a result.