Merger of convenience - News Summed Up

Merger of convenience


The merger, if it took effect now, would see the new company's customer market share reach 54%, versus 46% for AIS. Mr Halil said the merger would create "some extent of monopoly power" in the telecom market, giving the company the largest subscriber base. "This is the trend for businesses now and merger is a way to strengthen parties' business growth," he said. WIN-WIN SOLUTIONAn industry veteran who requested anonymity said True and DTAC are likely to reap short-term benefits from the merger deal. "The merged company could undoubtedly claim it is the No.1 player in the mobile market," the source said.


Source: Bangkok Post November 29, 2021 04:14 UTC



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