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True Corporation Public Company Limited (stylized as true) is a communications conglomerate in Thailand.It is a joint venture between Charoen Pokphand Group and Telenor, formed by the merger between the original True Corporation and DTAC in the form of equal partnership to create a new telecommunications company that can fully meet the needs of the digital age.
The company began to appear in its name and role as a Tender Offeror of True and DTAC. After True and DTAC will be merged, the company will buy shares from True at a price of 5.09 baht per share and buy shares from DTAC at a price of 47.76 baht per share. The merger was expected to be completed in late September 2022. [6]
Major Thai telecoms companies DTAC and True Corp. plan to merge to pursue opportunities in the tech sector, their parent companies said Monday. Thai National Broadcast reported that regulators ...
On November 22, 2021, Telenor and Charoen Pokphand Group, officially announced they have agreed to explore a USD 8.6 billion merger plan between Thailand’s second and third largest telecom operators (by subscribers), True Corporation (TRUE) and Total Access Communication (DTAC) – The proposed merger is subject to regulatory approvals. [14]
Total Access Communication Public Company Limited (commonly known as DTAC, and stylized as DTAC or dtac) is a GSM mobile phone company in Thailand. It is the nation's third largest GSM phone company, after AIS and True. [2] [3] DTAC is owned by Norwegian company Telenor both directly and indirectly, and both companies share the same logo. [4]
TrueMove H launched its 4G service in a limited scale on 8 May 2013. It was the first 4G service in Thailand using LTE technology. [5] In 2012, True's subsidiary, Real Future (now True Move H), won the 2100 MHz license, together with its rivals AIS and Dtac. [6] In 2015, True Move H won the licenses for 900 MHz and 1800 MHz. [citation needed]
TrueVisions is a subsidiary of the business division of True Corporation. Prior to February 2007, the company was variously known as United Broadcasting Corporation (UBC), United Television Cable Network (UTV) or International Broadcasting Corporation (IBC).
SM True (Thai: เอสเอ็มทรู) is a Thai management [clarification needed] company formed through a joint venture of SM Entertainment and True.The company operates all concerts, promotions, and music and product distribution of SM artists in Thailand and serves as SM's first overseas joint venture.