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Bangkok Post
Bangkok Post
Business

NBTC has 'no authority' to approve or reject telecom merger

The National Broadcasting and Telecommunications Commission (NBTC) has no authority to approve or reject the merger of True Corporation and Total Access Communication (DTAC), but it can only prescribe measures to govern the deal, according to the Council of State.

The legal view is perceived to deliver a strong positive sentiment for the planned amalgamation of the two major telecom firms. The NBTC earlier requested the Council of State to provide a legal interpretation on approaches to govern the deal.

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