True Corporation Overview
- Year Founded
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1990
- Status
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Acquired/Merged
- Employees
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3,800
- Latest Deal Type
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M&A
- Financing Rounds
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4
- Investments
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16
True Corporation General Information
Description
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.
Contact Information
Website
www.true.th(Operating Subsidiary)
Corporate Office
- 18 True Tower, Ratchadaphisek Road
- Huai Khwang
- Bangkok, 10310
- Thailand
Corporate Office
- 18 True Tower, Ratchadaphisek Road
- Huai Khwang
- Bangkok, 10310
- Thailand
True Corporation Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
True Corporation Comparisons
Industry
Financing
Details
True Corporation Competitors (26)
One of True Corporation’s 26 competitors is Advance Info Services, a Corporation company based in Bangkok, Thailand.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Advance Info Services | Corporation | Bangkok, Thailand | ||||
| Thaicom | Corporation | Bangkok, Thailand | ||||
| Total Access Communication | Corporate Backed or Acquired | Bangkok, Thailand | ||||
| Hutchison Telecommunications Hong Kong Holdings | Corporation | Hong Kong, Hong Kong | ||||
| TPG Corporation | Corporate Backed or Acquired | Sydney, Australia |
True Corporation Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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True Corporation Signals
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Majestic Referring Domains
True Corporation Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
True Corporation Investments & Acquisitions (16)
True Corporation’s most recent deal was a Merger/Acquisition with Total Access Communication for . The deal was made on 01-Mar-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Total Access Communication | 01-Mar-2023 | Merger/Acquisition | Telecommunications Service Providers | ||
| Seekster | 10-Oct-2022 | Merger/Acquisition | Other Services (B2C Non-Financial) | ||
| Khmerhome | 18-Jul-2022 | Later Stage VC | Real Estate Services (B2C) | ||
| Khmerload | 18-Jul-2022 | Later Stage VC | Publishing | ||
| Zap (Business/Productivity Software) | 08-Mar-2022 | Later Stage VC | Business/Productivity Software |
True Corporation Affiliates
Subsidiaries (5)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Seekster | Bangkok, Thailand | 2015 | |
| true INCUBE | Bangkok, Thailand | 2013 | |
| Crave (Business/Productivity Software) | United Kingdom | 2009 | |
| Total Access Communication | Bangkok, Thailand | 1989 | |
| Real Future Co |
True Corporation FAQs
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When was True Corporation founded?
True Corporation was founded in 1990.
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Where is True Corporation headquartered?
True Corporation is headquartered in Bangkok, Thailand.
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What is the size of True Corporation?
True Corporation has 3,800 total employees.
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What industry is True Corporation in?
True Corporation’s primary industry is Telecommunications Service Providers.
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Is True Corporation a private or public company?
True Corporation is a Private company.
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What is True Corporation’s current revenue?
The current revenue for True Corporation is .
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How much funding has True Corporation raised over time?
True Corporation has raised $875M.
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Who are True Corporation’s investors?
China Mobile has invested in True Corporation.
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Who are True Corporation’s competitors?
Advance Info Services, Thaicom, Total Access Communication, Hutchison Telecommunications Hong Kong Holdings, and TPG Corporation are some of the 26 competitors of True Corporation.
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When was True Corporation acquired?
True Corporation was acquired on 01-Mar-2023.
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Who acquired True Corporation?
True Corporation was acquired by MOE (Total Access Communication / True Corporation).
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