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Court rejects petition to delay merger of DTAC and True

Court rejects petition to delay merger of DTAC and True

13 Sept 06:48 Key points summarised by AI
  • Thailand's Central Administrative Court dismissed a petition seeking to halt the merger between mobile service providers DTAC and True Corporation.
  • The court ruled that claims of public interest harm were unfounded, as the merger is still in process with no damage yet, and halting the announcement would obstruct the telecom regulator (NBTC).
  • The merger, announced last November, aims to create a new entity by the end of this year, which is projected to control over half of Thailand's mobile market share.
  • Despite the court's decision, consumer advocates and academics continue to voice opposition, citing concerns about reduced market competition and potential disadvantages for consumers.
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