The prospect of a merger between major mobile operators Total Access Communication Plc (DTAC) and True Corporation Plc has become more likely as DTAC's parent firm Telenor has confirmed the two parties are in talks while True did not deny it.
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The board of SET-listed Jay Mart, a major IT product distributor, has approved the issuance of 300 million new shares to BTS Group Holdings' two subsidiaries through a private placement in a deal worth 10 billion baht.
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True denies reported interest in buying DTAC
published : 31 Jul 2021 at 07:11 DTAC customers at a service centre in Bangkok. (Bangkok Post file photo)
A highly placed source at SET-listed True Corporation has rejected a media report suggesting it will acquire Total Access Communication (DTAC), the country s third largest mobile operator, from Norway-based telecom giant Telenor, insisting the story is baseless. That s not true, the source told the
Bangkok Post without further elaboration. The source requested anonymity.
The report emerged via online media
Thai Enquirer on Thursday, citing an earlier report published by London-based business intelligence service TMT Finance. Access to TMT Finance s report requires a subscription.