Despite staunch opposition from some consumer advocates and academics, the planned merger of True Corporation and Total Access Communications (DTAC) is expected to pass through legal and administrative checks as the regulator indicates it has no power to block the deal, only to iron out measures to govern it.
Due diligence in the run-up to the consolidation is happening amid government instability and unsettling conditions on the telecom regulator’s board.
Shareholders of the two companies are scheduled to consider and approve the amalgamation on April 4, which will pave the way for the establishment of a…
