Thailand’s National Telecom (NT) is in talks with AIS and True Corporation to sell its mobile and fixed broadband customer bases, aiming to streamline operations amidst financial challenges. This shift could allow AIS to boost its market position, while NT focuses on wholesale services.
Telecom giant Telenor faces a considerable setback as the company braces itself for a $760.3 million blow from its investment in True Corp, spurred by a noticeable decline in share value in 2023. However, amidst this financial turbulence, Telenor maintains a positive outlook. The company affirms that this financial drawback is merely for book records and does not reflect changes in Telenor’s belief in the value of their True Corp asset.
