True Corporation

True, Dtac in talks over merger in Thailand

Norway-based Telenor and Thailand’s Charoen Pokphand Group (CP) are exploring a merger of their telecom units in Thailand, which could result in a new market leader in the country, overtaking current number one AIS, which has around a 44% share of the domestic market.

Telenor said, in a statement issued on Friday, that the potential deal would merge the telecom operations of Telenor’s Total Access Communication (Dtac) and CP Group’s True Corporation (True).

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By Thai PBS World


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