Telenor to Exit Thailand With $3.9 Billion Sale of Stake in True Corporation

Posted by - January 22, 2026

Telenor has signed an agreement to sell its stake in True Corporation for a total value of approximately NOK 39 billion (around $3.9 billion), completing its planned exit from Thailand after more than two decades of operations in the country. The transaction has been agreed with Arise Digital Technology Company Limited, which is owned by

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