Thailand’s telecoms regulator pushed back a long-awaited decision on a proposed merger of True Corp and dtac after concluding details provided by the companies was not sufficient to design measures to protect consumers, The Nation reported.
The National Broadcasting and Telecommunications Commission’s (NBTC) five-member board asked for additional information on the impact of the merger on consumers and the industry, along with examining studies conducted by four subcommittees, Chulalongkorn University and an independent financial adviser, the newspaper wrote.
Fresh analysis on the potential costs savings of the deal, the spectrum holdings of the new company, possible steps to reduce tariffs and measures to promote MVNOs was requested.
Thai PBS stated opposition party Move Forward called on the NBTC to reject the deal, citing findings the merger could lead to a 12 per cent to 40 per cent hike in prices,
NBTC began reviewing the proposed tie-up in February.Subscribe to our daily newsletter Back