Telecom regulators to look into the deliberate merger of DTAC and True

Following Friday’s announcement from two of the most important mobile phone network service providers in Thailand, DTAC and True, on their plans to merge operations, the National Broadcasting and Telecommunications Commission is calling on the companies to discuss the business plans which might probably change the telecom trade and dominate the market.
DTAC’s father or mother firm, Norway’s Telenor group, is meeting with True’s mother or father firm, Charoen Pokphand Group, to debate plans to merge the two subsidiaries.
โซล่าเซลล์ราคาถูกคุณภาพดี will meet with DTAC representatives right now, and with True officials tomorrow, a source advised the Bangkok Post. The two cell corporations should notify the NBTC ninety days before their merger is agreed, according to Thailand’s rules and laws.
In a statement to the media, Telenor said…

“There are still unresolved issues, and there’s no guarantee that the conversations will result in a last agreement.”

True’s chief monetary officer, Yupa Leewongcharoen, informed the Stock Exchange of Thailand, or SET, that if any clarification is required, the company will notify the SET.
According to Refinitiv Eikon statistics, DTAC is value roughly US$3 billion (about 98 billion baht) and True is price round US$4.5 billion. While True has 32 million complete mobile subscribers, DTAC has 19.3 million. The competitor, Advanced Info Service, known as AIS, has 43.7 million subscribers, making it Thailand’s largest mobile operator.
The two firms are more likely to kind a three means partnership based mostly on a share swap arrangement as True is owned by CP to the tune of 50% and China Mobile to the tune of 18% and Telenor owns a 65% stake in DTAC..

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