BANGKOK -- The arrival of 5G telecommunication services has kicked off another round of mergers among Southeast Asian wireless carriers seeking to ease investment burdens, raising concerns over market domination by a handful of players.
In Thailand, second-ranked telecom True has merged with the third-place Total Access Communication (DTAC). The new entity, which kept the name True, now controls more than half the market, stealing the crown from Advanced Info Service (AIS), which had been the leading carrier for over two decades.
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