What Thailand can learn about telecom mergers from developed countries

[webfact]

 

A hot debate has been raging in Thailand since the recent announcement of the plan to merge True Corporation, a subsidiary of conglomerate Charoen Pokphand Group, and Total Access Communication (Dtac), a subsidiary of Norway’s Telenor.

 

The experience of developed countries with telecom mergers may shed some light on the impacts from the proposed share-swap arrangement between True and Dtac to create a new tech company.

 

A report, “Static and Dynamic Effects of Mergers: A Review of the Empirical Evidence in the Wireless Telecommunications Industry”, presented at the Global Forum on Competition hosted by the Organisation for Economic Cooperation and Development (OECD) last year, looked at various studies and said the impact on prices for consumers was not clear.

 

Full story: https://www.thaipbsworld.com/what-thailand-can-learn-about-telecom-mergers-from-developed-countries/

 

-- © Copyright Thai PBS 2021-11-30

 

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[soi3eddie]

Having only two main players in the Thai wireless telco market is unlikely to benefit the customers. It will reduce competition and likely increase prices. Less incentive to improve connectivity and data speeds too. Too much control in many sectors from overly dominent companies IMO. Not good for the Thai people.

Edited November 30, 2021 by soi3eddie

[trainman34014]

Planet Thailand doesn't care about or wish to know anything that happens on other Planets.  This whole country is ruled by a few very rich families who intend to be even richer as they constanly rob their own people; the majority of whom are a lot poorer than they are but they care not one iota !

[hotchilli]

4 hours ago, webfact said:

A report, “Static and Dynamic Effects of Mergers: A Review of the Empirical Evidence in the Wireless Telecommunications Industry”, presented at the Global Forum on Competition hosted by the Organisation for Economic Cooperation and Development (OECD) last year, looked at various studies and said the impact on prices for consumers was not clear.

A lot of fancy titles in there, and the outcome was:

we don't know.?

[johng]

29 minutes ago, hotchilli said:

A lot of fancy titles in there, and the outcome was:

we don't know.?

We can look towards the takeover of Tesco'ssssssss  for an insight.

[CrunchWrapSupreme]

2 hours ago, johng said:

We can look towards the takeover of Tesco'ssssssss  for an insight.

Mr. CP's got the already large CP group and its food empire, then Makro, True (cell phones and TV), recently Lotus's's's's, and now he's grabbed Dtac.

 

The Lotus acquisition was investigated by the anti-monopoly office, if you could believe Thailand has such a thing, and then approved. ????

 

Well, maybe his next acquisition will be the Thai govt. He couldn't be any worse than Mr. P. ????????????

Edited November 30, 2021 by CrunchWrapSupreme

[bangon04]

If they really want advice, they can always ask Thaksin......

[JustAnotherHun]

9 minutes ago, bangon04 said:

If they really want advice, they can always ask Thaksin......

...but sadly they cannot find him ????

[Tropicalevo]

It is my belief that Thailand (this current government) cannot (does not want to) learn anything from anyone.

[spidermike007]

If you want a great example of how awful monopolies (or near monopolies) are for a nation, look no further than True Visions. It is likely one of the Satellite TV companies, which offers the poorest selections of programming for the money, anywhere.

 

In many nations hundreds of HD channels are available now. Thailand is still offering 1990's quality programming. 

[mikebell]

23 hours ago, webfact said:

the impact on prices for consumers was not clear.

From where I stand; all prices go up.

 

'Well, maybe his next acquisition will be the Thai govt.'  The above contributor must have missed his takeover of the Gov some years back.

 

Mr. Hun - '.but sadly they cannot find him'.   Thaksin has only three houses in UK (since he sold Manchester City.)  His house in Dubai is hard to miss.

Edited December 1, 2021 by mikebell
missing words

[zzaa09]

23 hours ago, CrunchWrapSupreme said:

Mr. CP's got the already large CP group and its food empire, then Makro, True (cell phones and TV), recently Lotus's's's's, and now he's grabbed Dtac.

 

The Lotus acquisition was investigated by the anti-monopoly office, if you could believe Thailand has such a thing, and then approved. ????

 

Well, maybe his next acquisition will be the Thai govt. He couldn't be any worse than Mr. P. ????????????

Anti-Monopoly Committee, Indeed. What a ruse.

The broader Thai economy and govt/corporate/business world is based on fixated and controlling monopoly mafias.