Telenor completes Thailand merger

by Miabell Mallikka

Telenor announced Wednesday, March 1, that the merger between its subsidiary, Dtac, and its competitor True is in the works.

This is the second mobile merger Telenor has landed in Asia in just three months. At the end of October last year, Telenor’s mobile company in Malaysia merged with a competitor in the country.

The merger has been approved by authorities, more than a year after the parties agreed on the deal. Telenor estimates a gain from the merger of around NOK 20 billion in the first quarter, according to the report.

Full story: https://scandasia.com/telenor-completes-thailand-merger/