True reveals the collective concept. To a Tech Company, bringing technology to reduce inequality

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True and the concept together into a Tech Company Adopt technology to reduce inequality Create opportunities for sustainability Confident that Thai people will benefit Ready to promote startups to compete in the region

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On August 1, 2022, Mr. Supachai Chearavanont, Chief Executive Officer of Charoen Pokphand Group Company Limited and Chairman of the Board of True Corporation Public Company Limited, revealed that the rapid change in the world from Digital Transformation. It is both an obstacle and a challenge for businesses in every industry.

Even the telecommunication industry has to admit that nowadays, the competitiveness of telecom operators is gradually diminishing due to market and technology changes. including the arrival of new global players Especially OTT services that do not require operator infrastructure investment.

while operators have to bear huge investments in the network In order to provide comprehensive services and support the coming of new technologies in the future, it is not surprising that reorganization merger There are many happenings both in Thailand and abroad around the world.

But for the merger of True and dtac in the form of Equal Partnership between the Charoen Pokphand Group and Telenor. which will have approximately 30% shareholding on both sides, making this a perfect public company. It doesn’t just happen to be able to cope with changes in the world and technology.

but looking for opportunities to join forces Combine the strength of the two organizations to drive the new technology companies together. Ready to create value for consumers, people and other business sectors to contribute to the benefit of the country in the future

“This merger will make this new company can deliver the best experience in every for service users and strengthening the country according to the government’s digital economy driving policy.”

It is a statement that emphasizes the importance of the interests of Thai people and Thailand by Mr. Supachai Chearavanont, Chief Executive Officer. Charoen Pokphand Group and Chairman of the Board of Directors, True Corporation Plc. at the recent Media Roundtable: CREATING A NEW TELECOM TO TECH COMPANY event.

Benefits that will happen to customers after the merger and set up a new technology company will make the signal coverage wider wider bandwidth Signal towers will be as high as nearly 50,000 antennas can support better use. There is a frequency link Double the spectrum efficiency Make the service flow including the experience of using the service

both after sales service and the quality of service will be even better. This has resulted in many new types of businesses and services based on financial strength and ability to invest continuously. Both 5G and other technologies will help improve the quality of service. have higher innovation to meet the needs of customers in the future moreover There are also various benefits that the best that both companies will bring together to offer to Thai customers and consumers.

Khun Supachai said that looking at the merger This will result in the number of service providers from 3 to only 2, resulting in reduced competition. It is a view that is not all around. This must include other Tech Company such as OTT. Moreover, the competition is not only about the number of service providers. But it depends on the competing service providers. Are they the same strength?

As for the service fee that is concerned that it will be higher will not happen Because the telecommunication business is a business that has a regulatory body for service quality and price, with the NBTC set the base price ceiling. and control service charges Benefits that Thailand already has one of the lowest data charges in the world.

On the other hand, if the merger is successful and can combine frequencies may be able to allow MVNOs to use the network This will result in the most efficient use of the network. And will cause more competition in the market as well

Khun Supachai further said that this merger will help 1. Reduce the issue of inequality through a more comprehensive network. enabling students, students and all citizens to have access to the body of knowledge Especially the next body of knowledge will be on the Internet. online learning It’s a big deal to have potential teachers from across the country and around the world online.

Including vulnerable people will have equal opportunities. as well as creating opportunities and income for various local SME entrepreneurs to trade online. Fulfill and create sustainable value 2. Driving Digital Transformation We will be Tech Company

while Thailand will be a Tech Hub, which is not just an investment in 5G or 6G, but a matter of Cloud Technology, Software, Tech Startup, including creating an ecosystem to drive change, and 3. Sustainability that is in line with 17 SDG Goals New Mergers Can Help Drive

And another important benefit in driving Thailand’s digital economy, Mr. Supachai added that this merger It also helps build an ecosystem to upgrade the Thai telecommunication industry. especially support for startup groups With the establishment of a $200 million Venture Capital Funding, it can build confidence in the country. attract investors and other funds from around the world join

There is a possibility that it will come in as much as $800 – $1 billion, and once the Capital Gain Tax has passed, it makes investments in Thai Tech Startups equivalent to Singapore, Malaysia, Vietnam, Indonesia, thus being able to attract more investment. and together to drive Tech Startups in Thailand to become world-class

We believe that every challenge can be made a reality. Just together, create sustainable values, together is truly good. Together, create, unite for happiness. Together…for a better life

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