Mergers & Acquisitions Mergers & Acquisitions

Merger of CP Group, Telenor telcos could be bad for Thai economy, regulator's study finds

By Jet Damazo-Santos
  • 08 Jun 2022 07:33
  • 08 Jun 2022 07:33
The controversial merger between the Thai telecommunications companies owned by Telenor Group and Thai conglomerate CP Group would likely pose risks to the country’s growth even in the best-case scenario, a study on the deal’s impact by the telecommunications regulator found. 

The merger, which would leave the country with just two main telecommunications

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