Thailand telecom merger faces delay, Norway's Telenor says


OSLO: 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, DTAC majority owner Telenor said on Tuesday.

Plans for a new industry leader in Thailand, with a market share of more than 50% of mobile subscribers, have been held up over competition concerns since they were announced in November last year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Telenor , DTAC , True Corp , Thailand

Next In Business News

EPF introduces SImpanan Shariah Business Zakat facility
AirAsia in talks with Malaysian government over potential funding support, sources say
Kinergy secures RM47.5mil electrical job for hyperscale data centre in PD
FBM KLCI remains higher at midday on bargain hunting, Budget 2027 optimism
Steel Price Index rises 0.1% to 5.1% in Sept - DOSM
Genting share price decline prompts IDSS suspension
Local institutions record net inflows of RM99.9mil - MBSB IB
Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
Shares cautious in Asia as earnings loom, oil slips
FBM KLCI to extend rebound on improved domestic sentiment

Others Also Read