Telenor’s $7.5 billion tie-up in Thailand

In a statement, Telenor have today announced that they are in discussions to merger their Thai unit, Total Access Communication (Dtac) with Charoen Pokphand Group (CP Group)’s True Corporation. 
Combined, the value of the two companies is estimated to be around $7.5 billion.
The move would be an enormous shakeup for Thailand, reducing the number of major mobile operators from three to two, creating a new market…

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