Published by
The Bangkok Post
The Bangkok Post
Telenor and CP in talks to merge telecom units DTAC-True tie-up would create new market leader in Thailand The Charoen Pokphand Group (CP Group) and Telenor of Norway are exploring a merger of their telecom units in Thailand that could form a new mobile market leader in the country. A deal, if completed, would merge the telecom operations of SET-listed Total Access Communication (DTAC) and CP Group’s True Corp (True), Oslo-based Telenor said in a statement. DTAC is currently valued at around $3 billion, according to Refinitiv Eikon data, while True has a value of $4.5 billion. CP Group did not…