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Thailand’s telecoms regulator has given approval for the merger of True Corp and Total Access Communication (Dtac), a year after the announcement but the regulator has set conditions, reported Bangkok Post.
Despite providing tacit approval for the merger of True Corporation and Total Access Communication (DTAC), the National Broadcasting and Telecommunications Commission (NBTC) has prescribed harsh remedial measures that could mean lower margins for the new firm, according to people associated with the regulator.
Thailand's telecommunications regulator cleared the merger of the country's second and third largest mobile operators, True Corporation Pcl and Telenor ASA's Total Access Communication Pcl with...
The country’s telecommunications regulator has cleared the way for the country’s second and third largest mobile operators — True Corp and Total Access Communication (DTAC) — to merge, but with conditions.
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