Analyst queries Telenor's True saleListen to this articleThe Telenor sale of its shares in True is unlikely to have fundamental impact on the latter, according to an analyst. Telenor's sale of its shares in True Corporation may be based on the calculation that it is more difficult to achieve strong profit margins in the Thai telecom sector after 2026, says an analyst. True group chief executive Sigve Brekke held a conference call with analysts to discuss Telenor's divestment. Mr Pisut said Telenor's remaining 5.35% stake in True is likely to be locked up and sold in the market after two years. True recruited Mr Brekke, former chief executive of Telenor Group, in early 2025 shortly after he left Telenor.

Source: Bangkok Post January 23, 2026 23:27 UTC