DTAC

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Total Access Communication
Company typePublic
SET: DTAC
SGX: B2W
IndustryTelecommunications
Founded31 August 1989; 35 years ago (1989-08-31)
FounderBoonchai Bencharongkul
Defunct1 March 2023; 18 months ago (2023-03-01)
FateAcquired by True Corporation in 2023
SuccessorTrue Corporation
HeadquartersBangkok,
Thailand
Key people
Sharad Mehrotra (CEO)
ProductsMobile, Internet
RevenueDecrease 80.753 billion baht
US$ 2.3 billion (FY 2022)[1]
Decrease 5.893 billion baht (2015)
Total assetsIncrease 110.965 billion baht (2015)
ParentBCTN Holding
Telenor
Websitewww.dtac.co.th

Total Access Communication Public Company Limited (commonly known as DTAC, and stylized as DTAC or dtac) is a GSM mobile phone company in Thailand. It is the nation's third largest GSM phone company, after AIS and True.[2][3] DTAC is owned by Norwegian company Telenor both directly and indirectly, and both companies share the same logo.[4] As of 31 December 2011, DTAC had 23.2 million subscribers with a market share of subscribers at around 30 percent.[5] As of 2019, the company has 20.642 million mobile subscriptions and 3904 employees. It is listed on the Singapore Exchange and the Stock Exchange of Thailand.[6]

In 2015 DTAC reported total assets of 110,965 million baht, with revenues of 87,753 million baht, and a net profit of 5,893 million baht.[7]

As of 11 April 2012, DTAC's parent company became BCTN Holding.[8]

DTAC has won the "Best Mobile Operator of Thailand" award for three consecutive years (2005–2007) from Asian MobileNews Awards 2007, organized by Asian MobileNews Magazine.

On November 22, 2021, Telenor and Charoen Pokphand Group, officially announced they have agreed to explore a US$8.6 billion merger plan between Thailand's second and third largest telecom operators (by subscribers), True Corporation (TRUE) and Total Access Communication (DTAC) – The proposed merger is subject to regulatory approvals. The merger is expected to be completed by late-September 2022.[9][10] The merger was "acknowledged" by the regulator NBTC at a meeting on October 20, 2022.[11] The newly merged company still retain the True Corporation name, which was founded on March 1, 2023, and it was listed on the Stock Exchange of Thailand under the stock ticker symbol TRUE on March 3, 2023.[12]

  1. ^ Executive Summary (PDF)
  2. ^ "DTAC in plans to launch "People's IPO"". New Europe. Archived from the original on 2008-03-10. Retrieved 2007-11-18.
  3. ^ "Verso and Comnet Provide Thailand's Second Largest Mobile Phone Operator with NetPerformer Solution; Verso's Bandwidth Optimization Solution to Connect Call Centers throughout Thailand". Findarticles.com. 18 October 2005. Retrieved 2007-11-18.
  4. ^ "DTAC Major Shareholder". Stock Exchange of Thailand. Retrieved 23 Jun 2010.
  5. ^ DTAC (2010). Annual Report 2009 (PDF). Archived from the original (PDF) on 2010-07-05. Retrieved 23 Jun 2010.
  6. ^ "dtac, Thailand". Telenor Group. Archived from the original on 2023-01-29. Retrieved 2020-03-19.
  7. ^ Annual Report 2015. DTAC. 2016. Retrieved 28 November 2016.
  8. ^ "ดีแทคปรับโครงสร้างผู้ถือหุ้นใหญ่ เบญจรงคกุลถือหุ้นเพิ่มเพื่อลดความเป็นบริษัทต่างชาติ". Blognone.
  9. ^ "A deep dive into the TRUE/DTAC merger in Thailand". Yozzo.com. Retrieved 2022-01-06.
  10. ^ "DTAC และ TRUE แจ้งดำเนินการควบรวมต่อ". Thanachart Securities. Retrieved 2022-03-15.
  11. ^ Thai telecoms regulator allows $7.3bn True-DTAC merger
  12. ^ Merged True-DTAC to be called True Corp