Equity Analysis /
Thailand

True Corp PCL: Resurfaced rumor of TRUE merging with DTAC excites market

  • Strong sign of service revenue recovery in 4Q21

  • Enterprise revenue—key growth driver in the next few years

  • Rumor of TRUE merging with DTAC resurrects in the market

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 November 2021