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True Move lays charge against DTAC :whistling:

True Move on Tuesday (14/06/2011) filed a complaint with the Crime Suppression Division against its bigger rival DTAC for having a foreign majority shareholder, charging that this was in breach of the law.

The company asked the Crime Suppression Division to launch a new investigation into DTAC's state ownership based on evidence published by Telecommunications Committee of the House of Representatives on April 21.

The report indicated that DTAC is a foreign entity by law since its shareholding structure comprises only 28.65% Thai ownership with the remaining 71.35% owned by foreigners.

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