Nordic News and Business Promotion in Asia
This week the Norwegian telco group Telenor announced a drop of value in their True Corp investment. A 8.04 billion Norwegian kroner impairment has been announced. In accounting, impairment is …
Telenor recognizes impairment in Thai True Corp investment Read More
Telenor Asia revealed it expects about US$2.5 billion from cooperations over the next three years from the mergers of True Corporation and Total Access Communication (DTAC) in Thailand and Celcom …
Telenor Asia expects $2.5bn gains from cooperations Read More
Telenor announced Wednesday, March 1, that the merger between its subsidiary, Dtac, and its competitor True is in the works. This is the second mobile merger Telenor has landed in …
Telenor completes Thailand merger Read More
Norwegian Telenor’s DTAC and Thailand’s major telecom company, True Corporation reported to the Stock Exchange of Thailand about their merger in setting up a new company titled “True Corporation Public …
True and DTAC to merge under title “True Corporation” Read More
The leading Norwegian telecom firm, Telenor called Thailand’s telecommunications regulators on Wednesday, 26 OCtober 2022 to seek more clarification on the DTAC-True merger’s conditions. Mr. Sigve Brekke, Telenor’s Chief Executive, …
Norwegian Telenor seeks clarification on DTAC-True merger conditions Read More Thailand’s telecommunication regulator decided to “acknowledged” and approved the merger between True Corp. and Telenor’s Total Access Communication (DTAC), but with conditions attached. The conditions to be applied to the …
No voices can stop major True-DTAC deal Read More
The Thai lawyer, Mr. Somboon Boonyapirom petitioned for the cancellation of the merger between Telenor’s DTAC and True Corporation via the Norwegian Embassy in Bangkok on Thursday, 6 October 2022. …
Thai lawyer petition Telenor should call off the merger with True Corp. Read More
The shareholders of True Corp. and Telenor’s company Total Access Communication (DTAC), which is Thailand’s second and third largest mobile telecom operators by subscribers, have approved the merger of their …
True and DTAC shareholders approve the creation of Thailand’s largest operator Read More
On 22 November, Telenor Group and C.P. Group announced that they have agreed to explore the creation of a new telecom-tech company comprising dtac and True. According to a company statement, the …
Telenor and C.P. Group support dtac and True in exploring the creation of a new telecom-tech company Read More
Yesterday morning DTAC’s shares rose by 7 percent following a report published 26 July by London-based business intelligence service TMT Finance that Norway’s Telenor was considering selling its Thai mobile …
DTAC’s shares rose following reports that Telenor is looking to exit Thailand Read More