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True Corporation
Thai telecommunications company / From Wikipedia, the free encyclopedia
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True Corporation Public Company Limited (stylized as true) is a communications conglomerate in Thailand. It is a joint venture between Charoen Pokphand Group and Telenor, formed by the merger between the original True Corporation and DTAC in the form of equal partnership to create a new telecommunications company that can fully meet the needs of the digital age. True controls Thailand's largest cable TV provider, TrueVisions,[3] Thailand's largest internet service provider True Online,[citation needed] Thailand's largest mobile operators, TrueMove H and DTAC TriNet, which is second and third only to AIS.[4] and entertainment media including television, internet, online games, and mobile phones under the True Digital brand. As of August 2014, True, along with True Telecommunications Growth Infrastructure Fund, had a combined market capitalization of US$10 billion.[citation needed] TrueMove is also a partner of Vodafone Group.[5] Charoen Pokphand Group and Telenor hold equal ownership of 30% of True's shares as of March 2023.[6] It operates fixed-line (as a concessionaire of NT (formerly known as TOT)), wireless, cable TV, IPTV and broadband services.
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Formerly | "Old" True Corporation (1990-2023) |
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Company type | Public |
SET: TRUE | |
Industry | Telecommunication Consumer electronics |
Predecessor |
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Founded | 13 November 1990; 33 years ago (1990-11-13) (original company)[1] 1 March 2023; 17 months ago (2023-03-01) (new company) |
Founder | Suphachai Chearavanont Boonchai Bencharongkul |
Defunct | 1 March 2023; 17 months ago (2023-03-01) (original company) |
Headquarters | , |
Area served | Thailand |
Key people | Manat Manavutiveth, CEO |
Products | Mobile phone Smartphones Set-top box Tablet computer |
Services | Cable television, Mobile, Internet |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owners |
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Number of employees | 23,000 |
Subsidiaries | see Subsidiaries |
Website | www.true.th |