Shareholders of True Corporation and Total Access Communication (Dtac) have overwhelmingly approved the planned amalgamation of the two telecom operators, a major step towards their anticipated merger in the second half of this year.
Meanwhile a True executive, who requested anonymity, told the Bangkok Post that the merger would be a boon for both companies in terms of long-term investment funding, which could ensure business continuity and strengthen their position in the fight against market leader Advanced Info Service (AIS).
