Press "Enter" to skip to content

Telenor and Thailand’s True Corp plan $200 million VC fund

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 22, 2021

BANGKOK (Reuters) – Norway’s Telenor ASA on Monday said it would set up a venture capital fund with Thailand’s True Corporation Pcl with a size of up to $200 million.

“We will set up a venture capital fund together with partners in the range of $100 to $200 million,” Telenor Chief Executive Sigve Brekke said in a virtual news conference about the company’s merger of Total Access Communication Pcl and Thailand’s True Corp.

(Reporting by Chayut Setboonsarng; Editing by Ed Davies)

To continue reading this news article, follow the link to the news website.

For any inquiries, contact Amnon Free Press (Amnon Jobi Jakony) by writing to editor [at] Discover a world of hyper-local news below.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *