The merged entity would control more than half of the total market at about 95.3 million subscribers
A merger between Thailand’s True and Telenor-owned dtac, first proposed in November 2021, has officially been approved by the boards of both companies. The merged entity would control more than half of the country’s total mobile market at about 95.3 million subscribers, making it the country’s largest mobile company.
EVP and Head of Telenor Asia Jorgen Arentz Rostrup commented previously that the combined company “will have scale to both invest in network quality and make technology advancements that meet the changing needs of Thai consumers and support Thailand’s digital growth.”
The merger would leave AIS, which controls 46% of the market, and National Telecom (NT) — formed through a 2021 merger of TOT and CAT Telecom — as the only two competitors. And…
