The bosses of the parent firms of True Corp and Total Access Communication (DTAC) insist the country’s telecom regulator has no power to approve or reject their giant mobile business merger, but can only impose conditions to govern it.
The National Broadcasting and Telecommunications Commission (NBTC) could be sued in the Central Administrative Court if it resolves to reject the deal, the executives said, though the two companies do not want it to come to that.
