Telenor sells stake in Thai company True for around 39 billion Norwegian kroner

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Telenor sells stake in Thai company True for around 39 billion Norwegian kroner
Photo: Lise Åserud/NTB

Norwegian Telenor is selling its stake in Thai company True for around 39 billion Norwegian kroner, Telenor said in a press release.

Telenor has owned parts of the Thai company since 2000, but in recent years has focused more on the Nordic markets. True Corporation is being acquired by Arise Digital Technology.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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