Thai regulator monitoring $8.6b merger of Telenor's Dtac and True Corp

People are silhouetted in front of an electronic screen showing logo of the True Corp. at a department store in Bangkok, Thailand, November 22, 2021. REUTERS/Athit Perawongmetha

Thailand’s telecommunications regulator on Wednesday said it was closely monitoring the proposed merger of Telenor ASA’s Total Access Communication Pcl and Charoen Pokphand Group’s (CP Group) True Corporation Pcl.

“On the merger, the agency will closely follow and investigate for the benefit of the public and country,” the agency’s acting secretary-general, Trairat Wiriyasirikul, said in a statement.

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