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aws全区号(www.2km.me)_Telenor and CP Group discuss US$7.5bil Thailand telecom merger

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A deal, if completed, would merge the telecom operations of Telenor's Total Access Communication (Dtac) and CP Group's True Corporation (True), Oslo-based Telenor said

OSLO: Norway's Telenor and Thailand's Charoen Pokphand Group (CP Group) are exploring a merger of their telecom units in Thailand that could form a new market leader in the Southeast Asian country.

A deal, if completed, would merge the telecom operations of Telenor's Total Access Communication (Dtac) and CP Group's True Corporation (True), Oslo-based Telenor said in a statement on Friday.

Dtac is currently valued at around $3 billion, according to Refinitiv Eikon data, while True has a value of $4.5 billion.

CP Group did not immediately respond to a request for comment.Telenor hq belgrade

It would be the Norwegian firm's second tie-up in Southeast Asia this year, following a June deal with Axiata Group Bhd to merge mobile operations in Malaysia https://www.reuters.com/business/media-telecom/axiata-telenor-sign-deal-merge-malaysian-telecoms-units-2021-06-21 in a $15 billion transaction, creating a new market leader there.

Mobile operators are facing pressure on profits in a challenging industry environment and mounting investment costs as new technologies such as 5G emerge.

"There are open issues outstanding and there is no certainty that the discussions will result in a final agreement. Telenor will not provide any further comments at this stage of the process," the Norwegian company said.

Telenor serves 172 million...

- Reuters
转载说明:本文转载自Sunbet。

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