Telecom mega merger faces hurdles

Published by
The Bangkok Post

The merger of True Corporation Plc and Total Access Communication Plc (DTAC) could cause a potential telecom market dominance, while the National Broadcasting and Telecommunications Commission (NBTC) will have the authority to look into the issue, according to the Office of Trade Competition Commission (OTCC). Conglomerate Charoen Pokphand (CP) Group, the parent of True, and Norway’s Telenor Group, the parent of DTAC, on Monday agreed to enter into an equal partnership to explore ways to establish a new tech company through amalgamation of the two subsidiaries. Sakon Varunyuwatana, chairperson…

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