Thailand’s long-running consumer challenge involving the merger of telco giants True Corp and DTAC may be on its last legs after the Central Administrative Court ruled in favour of the National Broadcasting and Telecommunications Commission (NBTC). The case was filed in October 2022.
The court said on Friday (26 Sept) that the NBTC had every right to pass a resolution acknowledging the business amalgamation.
The suit was filed in 2023 by the Thai Consumer Foundation and four others, who asked the court to revoke the NBTC’s resolution. An appeal to the Supreme Administrative Court is possible within 30 days.
True has consistently maintained that the merger complied with all legal requirements and the challenge against the NBTC had no power to halt the deal.