Minister Chaiwat denies True-DTAC merger would create monopoly

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The Bangkok Post

Digital Economy and Society (DES) Minister Chaiwat Thanakamanusorn believes a merger between major mobile operators Total Access Communication Plc (DTAC) and True Corporation Plc is “normal” and dismissed speculation that it would result in a monopoly. The minister made his remarks in a press interview about the merger of the two telecom companies. The merger plan was approved by the companies’ respective executive boards on Friday and their decisions forwarded to the Stock Exchange of Thailand on Monday. Mr Chaiwut said the government had no authority over the signing of a memorandum of under…

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