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Opposition grows to Thailand's telecom megamerger

Regulator's supervisor raises objections to True-DTAC deal

True and DTAC will still need the nod from their shareholders as well as the Thai telecom regulator to create the country's largest mobile telecom company. (Source photos by Reuters and Keiichiro Asahara)

BANGKOK -- A megamerger of Thailand's second- and third-largest mobile telecommunications operators, True and Total Access Communication (DTAC), was sideswiped last week as a supervisory authority urged the country's telecom regulator to stop the deal for the good of consumers.

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