True Wins Key Spectrum to Power Digital Future
Mr Suphachai Chearavanont, Chief Executive Officer of Charoen Pokphand Group and Chairman of the Board of Directors of True Corporation Plc, extended his congratulations and gratitude to the executive team, emphasising that the newly acquired frequencies would be utilised efficiently and responsibly for the benefit of all Thai people.
'This success marks a significant step in strengthening True's capabilities and building a robust foundation for Thailand's digital advancement,' said Mr Suphachai. 'These frequency bands not only enhance True's potential but also reaffirm our commitment to developing the country's digital infrastructure, reducing disparities in access to technology, creating new economic opportunities, and improving quality of life across all sectors. This milestone reinforces True's position as a technology leader, ready to drive innovation for the benefit of society.'
He further expressed appreciation to all parties involved in the frequency allocation process, adding: 'I am confident that True will make the most effective and responsible use of these newly acquired frequencies for the benefit of the country.'
Mr Sigve Brekke, Group CEO of True Corporation Plc, added: 'This spectrum auction reflects our ongoing commitment to strengthening network quality and performance. The acquisition of 70 MHz in the 2300 MHz band and 20 MHz in the 1500 MHz band, with a combined investment of THB 26.42 billion, is a strategic move that will bring immense benefits to our customers.'
'With this addition, True now holds the most extensive and well-balanced spectrum portfolio in Thailand, enabling us to continue enhancing our network coverage, speed, and capacity. This not only secures our long-term competitiveness but also represents an investment in the future of Thailand—where telecommunications infrastructure will be central to innovation, economic development, and societal progress.'
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