DTAC

Total Access Communication Public Company Limited, commonly known as DTAC, is a GSM mobile phone company in Thailand. It is the nation's third largest GSM phone company, after AIS and True. DTAC is owned by Norwegian company Telenor both directly and indirectly, and both companies share the same logo. As of 31 December 2011, DTAC had 23.2 million subscribers with a market share of subscribers at around 30 percent. As of 2019, the company has 20.642 million mobile subscriptions and 3904 employees. It is listed on the Singapore Exchange and the Stock Exchange of Thailand.

Total Access Communication
Company typePublic
SET: DTAC
SGX: B2W
IndustryTelecommunications
Founded31 August 1989
Defunct1 March 2023
FateMerged with True to form a new True Corporation
SuccessorTrue Corporation
HeadquartersBangkok,
Thailand
Key people
Sharad Mehrotra (CEO)
ProductsMobile, Internet
Revenue 87,753 million baht (2015)
5,893 million baht (2015)
Total assets 110,965 million baht (2015)
ParentBCTN Holding
Telenor
Websitewww.dtac.co.th

In 2015 DTAC reported total assets of 110,965 million baht, with revenues of 87,753 million baht, and a net profit of 5,893 million baht.

As of 11 April 2012, DTAC's parent company became BCTN Holding.

DTAC has won the "Best Mobile Operator of Thailand" award for three consecutive years (2005–2007) from Asian MobileNews Awards 2007, organized by Asian MobileNews Magazine.

On November 22, 2021, Telenor and Charoen Pokphand Group, officially announced they have agreed to explore a US$8.6 billion merger plan between Thailand's second and third largest telecom operators (by subscribers), True Corporation (TRUE) and Total Access Communication (DTAC) – The proposed merger is subject to regulatory approvals. The merger is expected to be completed by late-September 2022. The merger was "acknowledged" by the regulator NBTC at a meeting on October 20, 2022. The newly merged company still retain the True Corporation name, which was founded on March 1, 2023, and it was listed on the Stock Exchange of Thailand under the stock ticker symbol TRUE on March 3, 2023.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.