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New dtac Subscribers Get 1+1= Better Together

dtac Introduces dtac 5G Better Wonderful Pack In Synergy With True For Best Deals To New dtac Post-Paid And Pre-Paid Subscription Sign-Ups By 31 March 2023 9 March 2023 – True Corporation PLC is the synergy between True and dtac, optimizing the usage of both carriers’ telecommunication networks, mobile broadband, and digital infrastructure. The journey ahead for customers to experience is perceivably enhanced user experience and we wish more people would take advantage of this. Introducing dtac 5G Better Wonderful packages fully loaded with goodies like huge monthly data and call quotas to freebies of fun apps and gaming discounts. Better with Roaming dtac recently enabled roaming with True network to access a greater coverage. Our recent survey in 51 provinces, customers of both dtac and True have reported improved network experiences. In particular, dtac subscribers who utilized True’s 2600 MHz 5G roaming services experienced an average of 400% faster sessions. Similarly, True subscribers who utilized dtac’s 700 MHz 4G roaming services experienced better and more stable indoor coverage, as well as improved coverage nationwide, particularly in areas where they previously encountered network issues, with an average improvement of 50% in those problem areas. Never A Better Time to Join…

dtac and True customers can now enjoy network roaming services in all 77 provinces in Thailand

March 8, 2023 – dtac and True subscribers can now access network roaming services in all 77 provinces in Thailand, allowing them to enjoy even better and faster high-speed internet experiences while streaming their favorite movies, TV series, music, social media, live sessions, and much more. dtac subscribers can gain roaming on True’s 2600 MHz for 5G while True subscribers can gain roaming on dtac’s 700 MHz for both 4G and 5G services. Subscribers will also have access to even more Wi-Fi hotspots, providing an even better digital lifestyle experience. Mr. Prathet Tankuranun, Chief Technology Officer, True Corporation PLC, said, “We have optimized our spectrum portfolio to offer True Move H and dtac subscribers a superlative network experience and comprehensive coverage nationwide. Our network roaming service further enables us to deliver the best possible network experience to all our customers. We have a team of dedicated professionals in place to ensure the highest service standards and continue to enhance the network experience for our customers.” Based on the company’s recent survey conducted in 51 provinces, customers of both dtac and True have reported improved network experiences. In particular, dtac subscribers who utilized True's 2600 MHz 5G roaming services experienced an…

First Trading Day for TRUE Commencement Ceremony after the completion of the amalgamation on the Stock Exchange of Thailand

3 March 2023 - True Corporation Public Company Limited – SET: TRUE - today begins its first trading day after the completion of the amalgamation on the Stock Exchange of Thailand (SET). The Company is listed in the Information & Communications Technology sector and with an opening price of THB 8.35  in the technology industry Information and communication technology business category. The amount of the registered capital and the paid-up capital of 138,208,403,204 baht and the total number of issued equal to 34,552,100,801 shares, par value 4 baht per share.  The trade commencement ceremony was presided over by Mr. Suphachai Chearavanont (5th from right) Chairman, Mr. Jorgen Christian Arentz Rostrup (3rd from right)Vice-Chair of the Board of Directors, Mr.Adhiruth Thothaveesansuk (2nd from right)  Directors, Mr.Lars Erik Tellmann (right),   Directors, Mr. Manat Manavutiveth(4th from right), Chief Executive Officer; Mr. Sharad Mehrotra (3rd from left), Deputy Chief Executive Officer; Mr. Nakul Sehgal (2nd from left)  & Ms. Yupa Leewongcharoen (left) , Co-Chief Finance Officers. Dr. Pakorn Peetathawatchai (5th from left), President of the SET and Mr. Manpong Senanarong (4th from left) Senior Executive Vice President Head of Issuer & Listing Division of SET and all TRUE management team is also pictured offering his congratulation.  A telecom-tech company, True…

True Corporation Opens New Chapter of Telecom-Tech “Better Together” synergy for infinite benefits from the best of both founding companies

dtac & True to create greater value propositions under the new 7 pillars covering every aspect Expertise from global partners - Telenor Group and CP Group - will strengthen the new company March 2, 2022 - The newly merged company True Corporation announced its vision to become Thailand’s leading telecom-tech company based on the strengths of its amalgamated companies. Under the concept of ‘Better Together,’ and ‘1+1 = infinity,’ the new company aims to ignite Thailand’s limitless possibilities with broader access to digital connectivity, technology investments and connected services. dtac and True have now completed their amalgamation process and received a commercial license from the Department of Business Development, Ministry of Commerce. The transaction is the largest telecommunications merger in Southeast Asia by combined enterprise value. The combined market capitalization, prior to the suspension of trading of True and dtac on the Stock Exchange of Thailand on 20 February, was THB 294 billion. The amalgamated company, named True Corporation, aims to advance the lives of Thai people, narrow the digital divide, and enable the digital transformation of local businesses. The company will be the market leader for mobile subscribers, with 33.8 million from TrueMove H and 21.2 million from dtac.…

dtac & True Amalgamation Complete Under New Corporate Name “True Corporation Public Company Limited”

March 1, 2023 – dtac and True have completed their amalgamation process by receiving their commercial license from the Department of Business Development, Ministry of Commerce under the name “True Corporation Public Company Limited”. This follows the joint shareholders meeting of dtac and True on 22 February 2023, which considered and resolved matters relating to the new company formed as a result of the amalgamation including registered capital, number of shares, share price, and paid-up capital. As of today (March 1, 2023), the new corporate name has been applied to the Department of Business Development, Ministry of Commerce for approval. Furthermore, the board of directors of the new company has appointed Mr. Manat Manavutiveth as the Chief Executive Officer and Mr. Sharad Mehrotra as Deputy Chief Executive Officer today.  

The dtac brand under the new company continues to grow beyond connectivity

Customers can enjoy a broader and more integrated product and service portfolio with seamless experiences Additional services including broadband internet, pay TV, and digital services Better 5G experiences and WiFi hotspots nationwide The major shareholders, Telenor and CP Group, aim for an equal ownership stake of around 30 percent in the new company   January 13, 2023 – dtac is moving forward with the amalgamation process after the Boards of Directors of each of True and dtac called for a joint shareholder meeting in February, which should allow the companies to complete the transaction within the first quarter of 2023. Under the new company, dtac customers will be able to enjoy a broader portfolio and additional benefits, including improved 5G coverage, ultra-high-speed broadband internet, and enhanced service experiences. After the amalgamation is complete, the dtac brand will continue to operate separately in the market. The dtac brand under the new company will continue to offer existing products and services as well as a broader portfolio of attractive and accessible products and new service innovations that meet specific needs of customers, including mobile, broadband internet, pay TV, and digital services. Better 5G and WiFi Experiences Nationwide The dtac brand under the…

The Board of Directors of True and dtac have approved to convene the joint shareholder meeting on the amalgamation

January 12, 2023 - True Corporation (“True”) and Total Access Communication (“dtac”) have today notified the Stock Exchange of Thailand that the board of directors of the two companies have approved to call a joint shareholder meeting (“JSM”) on 23 February of 2023. The Joint Shareholder meeting will consider and approve corporate matters related to the amalgamation. The parties aim to complete the transaction within the first quarter of 2023. Until the amalgamation is completed, both companies continue to operate separately. The suggested name of the amalgamated company will be True Corporation Public Company Limited. True and dtac are both strong brands in the mobile telecommunications space, with the True brand having additional existing positions and recognition in broadband and TV distribution. dtac will continue as a separate brand, offering consumers a broad choice of services with highly competitive offerings. The Board of Directors of True and dtac have proposed for the JSM to elect Mr. Suphachai Chearavanont, Mr. Jørgen Arentz Rostrup, Prof. Dr. Kittipong Kittayarak, Mrs. Kamonwan Wipulakorn, Mr. Kalin Sarasin, Mrs. Pratana Mongkokul, Mr. Adhiruth Thothaveesansuk, Dr. Gao Tongqing, Mrs. Tone Ripel, Mr. Lars Erik Tellmann and Dr. Teerapon Tanomsakyut, as board of directors of the new amalgamated…

dtac notifies SET that the Tender Offerors have declined the Voluntary Tender Offer; parties remain committed to the amalgamation

November 22, 2022 -  Total Access Communication Plc. or dtac has informed the Stock Exchange of Thailand that the companies jointly owned by Telenor and CP Group (Citrine Global Company Limited and Citrine Venture SG Pte. Ltd), have declined the Voluntary Tender Offer (VTO) to the shareholders in dtac and True in compliance with law. Companies jointly owned by Telenor and CP Group announced a VTO to purchase the shares in dtac and True under the tender offer regulation of the Securities and Exchange Commission of Thailand.  The VTO was made subject to conditions precedent which have not been met within the one-year period. Therefore, in line with the tender offer regulations, the parties have denounced their intention to carry out the VTO. The shareholders and investors of True and dtac can continue to trade shares in the market or remain as shareholders in the new company, which will be listed on the Stock Exchange of Thailand. The parties are working on concluding necessary assessments to proceed with the amalgamation and finalize the transaction within the first quarter of 2023. The new company as a Telecom-tech company will have more opportunity to serve customers and increase value of investment for…

Telenor Asia Expands Presence in Singapore to Capture Regional Opportunities

October 25, 2022 – Telenor Group, a leading global telecommunications company serving 175 million customers in the Nordics and Asia, announced the formation of Telenor Asia, a more independent regional entity with headquarters in Singapore. Telenor Asia will take on full oversight and responsibility for the company’s operations in Thailand, Bangladesh, Malaysia and Pakistan. “The strengthened team at our Singapore headquarters will add value to our operations and safeguard our interests in the region. This will also help us ensure value creation of our assets, and we will explore structural partnerships or, in the future, a potential IPO,” said Jørgen Rostrup, Head of Telenor Asia. “The foundation for our continued growth in Asia is how our services help improve people’s lives and empower societies. In a recent survey we conducted of 8,000 people in South and Southeast Asia, a resounding 93% said that mobile connectivity improved their quality of life,” he added. Each market will now have dedicated Investment Management teams. These teams will take on an asset manager role and represent Telenor’s interests in local boards. The team in Singapore will also be strengthened with expertise in finance, operations, risk management, governance, people management and responsible business. In 2021,…

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