Daily BriefsThailand

Thailand: Total Access Communication and more

In today’s briefing:

  • NBTC To Decide On True/DTAC Merger

NBTC To Decide On True/DTAC Merger

By David Blennerhassett

  • 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