True Corporation

True Corporation Public Company Limited
True (since in 2004)
FormerlyTelecomAsia (1990–2003)
Company typePublic
SET: TRUE
IndustryTelecommunication
Consumer electronics
PredecessorTotal Access Communication
Founded13 November 1990 (1990-11-13)
FounderSuphachai Chearavanont
Boonchai Bencharongkul
Headquarters,
Thailand
Area served
Thailand
Key people
Manat Manavutiveth (CEO)
ProductsMobile phone
Smartphones
Set-top box
Tablet computer
ServicesCable television, Mobile, Internet
Revenue 140.94 billion baht (2019)
7.1 billion baht (2019)
5.64 billion baht (2019)
Total assets 523.99 billion baht (2016)
Total equity 126.02 billion baht (2019)
Owners
Number of employees
23,000
Subsidiariessee Subsidiaries
Websitewww.true.th

True Corporation Public Company Limited (stylized as true) is a communications conglomerate in Thailand. It is a joint venture between Charoen Pokphand Group and Telenor, formed by the merger between the original True Corporation and DTAC in the form of equal partnership to create a new telecommunications company that can fully meet the needs of the digital age. True controls Thailand's largest cable TV provider, TrueVisions, Thailand's largest internet service provider True Online, Thailand's largest mobile operators, TrueMove H and DTAC TriNet, which is second and third only to AIS. and entertainment media including television, internet, online games, and mobile phones under the True Digital brand. As of August 2014, True, along with True Telecommunications Growth Infrastructure Fund, had a combined market capitalization of US$10 billion. TrueMove is also a partner of Vodafone Group. Charoen Pokphand Group and Telenor hold equal ownership of 30% of True's shares as of March 2023. It operates fixed-line (as a concessionaire of NT (formerly known as TOT)), wireless, cable TV, IPTV and broadband services.