DTAC’s biggest shareholder says it is going nowhere and expects the True merger to be finalised this month
DTAC customers at a service centre in Bangkok. (Bangkok Post file photo)
Telenor Group, the major shareholder in Total Access Communication Plc (DTAC), insists it has no plans to leave Thailand and is optimistic the planned merger with True Corporation will be completed in July.
Speaking yesterday at a press conference at DTAC’s headquarters, Sigve Brekke, president and chief executive of Telenor Group, said the combined strength of two “weak” players in Thailand’s telecom market would create real competition. This would yield the best results for consumers and the nation’s continued advancement…
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