Telenor and CP Group are considering setting up a corporate venturing fund with up to $200m in capital as part of a potential merger of their Thai telecoms units.

Norway-headquartered telecommunications firm Telenor and Thailand-based conglomerate CP Group plan to merge their telecommunications subsidiaries in Thailand and collaborate on a joint corporate venturing effort. CP and Telenor agreed on Tuesday to explore the creation of a new telecoms company through the combination of Telenor’s Dtac and CP Group’s True subsidiaries. The corporates would also…

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