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Shares of True Corporation Pcl, created through a merger between Thailand’s number two and three mobile phone operators, has started trading in Bangkok on Friday, marking the culmination of a consolidation process that drew protests from consumer groups and its main rival.
Shares of True Corporation Plc, the new entity created through the merger of the country’s second- and third-biggest telecom operators, rose slightly on their trading debut on Friday on the Stock Exchange of Thailand.
Gulf Energy Development Plc, Thailand's largest power producer by market value, is set to rake in more revenue after becoming an owner of Jackson Generation, a 1,200-megawatt gas-fired power plant in the US.
Testing by Advanced Info Service (AIS) of 5G CA (carrier aggregation) technology on its full bandwidth of 100 MHz in the band of 2600 MHz and 1200 MHz of the 26 GHz band has achieved 5G download speeds of 22.01 gigabits per second (Gbps) and maximum upload speeds of 4.4 Gbps, representing a global first.
The upcoming general election slated for May 7 is sparking speculation on a potential successor to Prime Minister Prayut Chan-o-cha as well as new economic policies that might be promoted by an incoming government.