Telenor Asia announced yesterday (Wednesday) the completion of the merger between Total Access Communication Company (DTAC) and True Corporation (TRUE), billed as the largest telecom merger in Southeast Asia by combined enterprise value. Jørgen A. Rostrup, executive vice president of Telenor Group and head of Telenor Asia, said that the completion of the deal is […]
The boards of the telecom operators True Corporation and Total Access Communication (DTAC) have agreed to call their merged company True Corporation. A joint shareholders’ meeting will be held on Feb 23 to approve the new corporate structure and other details related to the amalgamation, the companies said in statements to the Stock Exchange of […]
BANGKOK (NNT) – DTAC majority owner Telenor has said a planned merger of Thai telecoms firms DTAC and True Corporation will not take place as planned this year, but may still go ahead in the first quarter of 2023. Plans for a new industry leader in Thailand, with a market share of more than 50% […]
BANGKOK, Oct 19 (TNA) – The National Human Rights Commission said in its statement that the merger of True and DTAC could result in monopoly and consumers would lack choices. The NHRC said that reports on the planned merger of True Corporation and Total Access Communication (DTAC) drew opposition from academics and consumers’ organizations including […]
Thailand Mobile Network Operators As of 2010, Thailand has 68.75 million mobile subscribers in total, or a 105.6% penetration rate. The main mobile phone companies are: Advanced Info Service (AIS), DTAC, True Move and Hutch (Acquired by True Corp). AIS – Advanced Info Service PCL is Thailand’s largest GSM mobile phone operator with 28.8 million […]
BANGKOK (NNT) – The National Broadcasting Telecommunications Commission (NBTC) has acknowledged the Advanced Info Service Public Company Limited (AIS)’s opposition to the merger deal between TRUE Corporation and Total Access Communication Public Company Limited (DTAC). In a letter submitted by AIS’s subsidiary, Advance Wireless Network Company Limited (AWN), the company clarifies the impact of the […]
BANGKOK (NNT) – True Corporation Plc (TRUE) has announced that its shareholders have approved its merger deal with Total Access Communication Public Company Limited (DTAC), Thailand’s third largest GSM phone company after AIS and TRUE itself. The announcement was made by TRUE President Manat Manavutiveth, following the company’s annual shareholder meeting. Manat said the move […]
BANGKOK (NNT) – The Thailand Development Research Institute Foundation (TDRI) has indicated that the planned merging of telco giants TRUE Corporation and Total Access Communication (DTAC) would further eliminate competition and ultimately hurt consumers. The think tank recommended that the merger not move forward. It added that if DTAC wants to exit the market, it […]
