True Corp

Thai operator True Corp and China-based ZTE set up a joint innovation centre at the operator’s campus in Bangkok to research and develop digital services for enterprises.

Thai operator True Corp targeted reducing the amount of electronic waste sent to landfill to zero by 2030, as it kicked off a campaign to encourage customers to drop off used devices at collection points at its retail stores and…

True Corp and Telenor Group completed a long-awaited merger of their respective mobile units in Thailand, creating the largest operator in the country by subscribers.

A long-planned merger of True Corp and dtac was tipped to be completed by the end of March, with the companies agreeing to hold a shareholders’ meeting on 23 February to finalise the corporate structure.

A recently approved merger between True Corp and dtac ran into another delay after a deadline to complete a voluntary tender offer for the shares of the units owned by CP Group and Telenor Group was missed.

Thailand-based True Corp was slammed by rising costs in Q3, widening its loss for a third consecutive quarter, with its mobile business the lone driver of growth on the back of post-paid subscriber gains. Mobile service revenue rose 1.

Thailand’s telecoms regulator gave the green light to a proposed merger of True Corp and dtac nearly a year after the tie-up was first mooted, but added a number of conditions to the controversial deal aimed at protecting consumers.