The National Broadcasting and Telecommunications Commission (NBTC) on Wednesday said it was closely monitoring the proposed merger of Telenor ASA's Total Access Communication Plc and Charoen Pokphand Group's (CP Group) True Corporation Plc.
Major telecom operators Total Access Communication Plc (DTAC) and True Corporation Plc are now on a path towards a merger to become the biggest mobile carrier in Thailand in terms of total subscribers.
Telecom firms Total Access Communication Plc (DTAC) and True Corporation Plc have agreed to merge, to pursue new tech business and raise venture capital for startups.