In March 2023, True Corporation and Total Access Communication successfully amalgamated into a new company and announced its intention to become Thailand’s No. 1 telecom-tech company. Upon the completion of the amalgamation, True Corporation’s company credit rating was assigned A+ by TRIS Rating.
True Blog spoke to Mr. Nakul Sehgal and Ms. Yupa Leewongcharoen, Co-Chief Financial Officers of True Corporation, to explore the implications of an improved credit rating on the company’s future trajectory and how it sets the stage to achieve the ambitions to become a telecom-tech company.
A+ for the New Company
The primary purpose of credit ratings for companies is to assess the likelihood of a company defaulting on its debts and its ability to repay them within the confines of the…
