Thai mobile operators True and DTAC shares rise after merger cleared

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BANGKOK : Thailand's mobile operators True Corporation Pcl and Total Access Communication Pcl (DTAC) saw shares rise 0.98 per cent and 1.6 per cent, respectively after markets opened on Friday. The price movement comes after the national telecommunications regulator late on Thursday cleared the way for th

BANGKOK : Thailand's mobile operators True Corporation Pcl and Total Access Communication Pcl saw shares rise 0.98 per cent and 1.6 per cent, respectively after markets opened on Friday.

The price movement comes after the national telecommunications regulator late on Thursday cleared the way for the merger of the two companies, with some conditions.

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Thai telco regulator gives conditional clearance to True, DTAC mergerBANGKOK -Thailand’s telecommunications regulator cleared the merger of the country’s second and third largest mobile operators, True Corporation Pcl and Telenor ASA’s Total Access Communication Pcl (DTAC) with conditions.The conditions include a price ceiling and price controls, the National Broadcasti
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Thai telco regulator gives conditional clearance to True, DTAC mergerBANGKOK -Thailand’s telecommunications regulator cleared the merger of the country’s second and third largest mobile operators, True Corporation Pcl and Telenor ASA’s Total Access Communication Pcl (DTAC) with conditions.The conditions include a price ceiling and price controls, the National Broadcasti
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