webfact Posted March 28, 2022 Share Posted March 28, 2022 By Cod Satrusayang Thai regulators are “very likely” to approve a merger deal between True Corporation and Total Access Communication but may run into opposition from the current Minister of Digital Economy, a government insider told Thai Enquirer on Monday. Both companies informed the Stock Exchange of Thailand (SET) in February, that their boards of directors approved the deal to form a new mobile player by merging them together. They expect the merger will likely be completed by the third quarter of 2022. However, the deal still requires approval from shareholders and Thai regulators at the National Broadcasting and Telecommunication Commission (NBTC). Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe Full story: https://www.thaienquirer.com/38951/true-dtac-merger-likely-to-be-given-green-light-says-government-source/ -- © Copyright Thai Enquirer 2022-03-28 - Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 1 Link to comment Share on other sites More sharing options...
Popular Post connda Posted March 28, 2022 Popular Post Share Posted March 28, 2022 So how does the average Thai benefit from a Telecommunications monopoly? I know how monopolies benefit. 3 Link to comment Share on other sites More sharing options...
CrunchWrapSupreme Posted March 28, 2022 Share Posted March 28, 2022 40 minutes ago, webfact said: may run into opposition from the current Minister of Digital Economy Hehe. So now you know who'll be getting a few hundred million baht in convincing. Glory and praise to our good Thai-Chinese friend Mr. CP. May his grandchildren's Lambos continue screaming down Sukhumvit, may his empire continue to grow, until it encompasses the entire country. Hey, why not. He couldn't be any worse than Mr. P. Link to comment Share on other sites More sharing options...
realfunster Posted March 28, 2022 Share Posted March 28, 2022 As I posted on another thread, perhaps just easier if we circulate a (short) list of businesses that are not owned by CP/True or have their footprint all over it. Farcical and indicative of edging even further towards oligarchy. 1 Link to comment Share on other sites More sharing options...
Popular Post JonnyF Posted March 28, 2022 Popular Post Share Posted March 28, 2022 So, just a few 'negotiations' pending regarding who gets paid what to allow another monopoly to proceed. It must be very profitable being a Thai regulator. 3 Link to comment Share on other sites More sharing options...
Surasak Posted March 28, 2022 Share Posted March 28, 2022 I use DTac. If this merger goes ahead I will use another Telecom provider. Link to comment Share on other sites More sharing options...
TropicalGuy Posted March 28, 2022 Share Posted March 28, 2022 TRUE Vision already monopolizing Thai Satellite TV with an expensive very poor service. Quit last year after Live Sport constantly disrupted. Competition Required. TRUE Wi-Fi has only 3BB competitor TRUE Mobile Phone Service then will commence with merging ( takeover) with DTAC who only do mobile phone service. Again this is not in Thai consumer best interest as competition is only decreased 2 Link to comment Share on other sites More sharing options...
alien365 Posted March 28, 2022 Share Posted March 28, 2022 Once again another business deal thats worse for the customer. Its sickening that things like this continue to happen because of those in charge. 1 Link to comment Share on other sites More sharing options...
soi3eddie Posted March 28, 2022 Share Posted March 28, 2022 (edited) 4 hours ago, Surasak said: I use DTac. If this merger goes ahead I will use another Telecom provider. TRUE? Edited March 28, 2022 by soi3eddie Link to comment Share on other sites More sharing options...
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