Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.
The telecom sector dominated M&A movement in 2022, led by the planned amalgamation of True Corporation and Total Access Communication (DTAC).
The deal was eventually acknowledged by the telecom regulator in October, paving the way for the merger to progress, which could wrap up by next year.