Announced
Completed
Financials
Tags
Friendly
Majority
Telecommunications Equipment
Merger
Single Bidder
wireless telecommunications
Domestic
Thailand
Private
Acquisition
Completed
Synopsis
True, a telecommunications company, completed the merger with Telenor-backed dtac, a provider of wireless telecommunications. Financial terms were not disclosed. "Rhe 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," Jorgen Arentz, Telenor EVP and Head of Asia.
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