True stock debuts as CP finalizes Thai telco megamerger

New entity with Telenor's DTAC announces $200m startup fund

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The new True Corporation debuts on the Stock Exchange of Thailand on March 3 at about 24 cents per share. (Source photos by Reuters and Yumi Kotani)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Thai mobile operators True and Total Access Communication (DTAC) have completed Southeast Asia's largest telecom merger, becoming Thailand's largest service provider and effectively leaving the market with only two major players.

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