In today’s briefing:
- NBTC To Decide On True/DTAC Merger
NBTC To Decide On True/DTAC Merger
- Thailand’s Trade Competition Commission said that only the National Broadcasting and Telecommunications Commission has the authority to block the True Corp (TRUE TB) / Total Access Communication (DTAC TB) merger.
- At issue, the government appears to be stonewalling the transition of the NBTC board, potentially abetting the merger.
- Both True and DTAC are trading through their VTO terms, ignoring dividends.
Before it’s here, it’s on Smartkarma