Telenor and Thailand’s True Corp plan $200 million VC fund -Breaking
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© Reuters. FILE PHOTO Telenor’s logo can be seen in central Belgrade (Serbia), March 21 2018. REUTERS/Marko Djurica/File Photograph
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BANGKOK (Reuters), – Norway’s Telenor ASA (OTC: Monday) The OTC announced that it will create a venture capital funds with Thailand’s True Corporation Pcl up to $200 Million.
Telenor’s Chief Executive Sigve Brkke stated that a “venture capital fund” will be established with investors in the $100-200 million range. He spoke at a virtual conference on the merger of Total Access Communication Pcl (Thailand’s True Corp) and Total Access Communication Pcl.
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