CP and Telenor are the parent firms of True and DTAC, respectively. Meanwhile, the merged company will be almost three times the size of the merged firm in Malaysia, according to an investor call held recently by Telenor. According to her, the proposed merger will create a company with around 55 million customers and pro forma 2020 revenue of US$6.9 billion. The two will be asked to explain the reason for the merger and need to give details and timeline of the process as well as possible impacts and remedies for consumers and related parties from such impacts. CP and DTAC have significant differences in terms of management, decision making, operation and connections, the source added.

Source: Bangkok Post November 24, 2021 22:55 UTC