Delay in Telenor unit merger

According to the National Broadcasting and Telecommunications Commission, it needs more information on the proposed merger between Telenor unit Total Access Communication Pcl and True Corp before it can make a decision

BANGKOK: Telenor ASA’s plan to merge its Thai unit with a local mobile operator has run into fresh regulatory scrutiny and objections from a rival that it’s seeking to topple as the South-East Asian nation’s largest carrier.

According to the National Broadcasting and Telecommunications Commission, it needs more information on the proposed merger between Telenor unit Total Access Communication Pcl and True Corp before it can make a decision.