Thailand approves merger of telcos TOT and CAT

Thailand approves merger of telcos TOT and CAT

Image from TOT website

The State Enterprise Policy Committee has approved the merger of Thailand’s state-run telecom companies, TOT Plc and CAT Telecom.

Monchai Noosong, president of TOT, told Prachachart’s website that the merger is expected to complete in June and it should take a few more years to complete the business restructuring.

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