The planned mega merger between Total Access Communication Plc (DTAC) and True Corporation has caused a stir given its far-reaching impacts, not only on investment but also on consumers and other businesses that depend on telecommunication services like fintech suppliers, computer and mobile phone wholesalers as well as retailers.
DTAC and True to Merge, Pursue Tech Businesses khaosodenglish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaosodenglish.com Daily Mail and Mail on Sunday newspapers.
The merger of Total Access Communication Plc (DTAC) and True Corporation is expected to survive regulatory challenges as the two are not telecom licensees subject to the National Broadcasting and Telecommunications Commission's (NBTC) supervision.
Thailand's revenue from 5G technology is predicted to reach US$41 billion by 2030, while almost half of mobile subscribers are expected to have access to the fifth-generation service by 2027, according to Swedish telecom giant Ericsson.
The planned merger of Total Access Communication Plc (DTAC) and True Corporation has led to criticism of potential market dominance as well as an understanding of the firms' business needs, but the move sends a clear signal that the telecom business may not be as promising as it used to be.