Thursday, 27 January 2022

Telenor’s $7.5 billion tie-up in Thailand

by Harry Baldock, Total Telecom
Friday 19 November 21

Putting aside its ongoing struggles in neighbouring Myanmar, Telenor is far from disillusioned with the Asian telecoms market, currently considering a major merger of its Thai unit with CP Group

In a statement, Telenor have today announced that they are in discussions to merger their Thai unit, Total Access Communication (Dtac) with Charoen Pokphand Group (CP Group)’s True Corporation.    Combined, the value of the two companies is estimated to be around $7.5 billion.   The move would be an enormous shakeup for Thailand, reducing the number of major mobile operators from three to two, creating a new market…

In a statement, Telenor have today announced that they are in discussions to merger their Thai unit, Total Access Communication (Dtac) with Charoen Pokphand Group (CP Group)’s True Corporation.    Combined, the value of the two companies is estimated to be around $7.5 billion.   The move would be an enormous shakeup for Thailand, reducing the number of major mobile operators from three to two, creating a new market…

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