Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Telenor sells its stake in Thailand's True Corporation for $3.9 billion
    Finance

    Telenor sells its stake in Thailand's True Corporation for $3.9 billion

    Published by Global Banking & Finance Review®

    Posted on January 22, 2026

    1 min read

    Last updated: January 22, 2026

    Telenor sells its stake in Thailand's True Corporation for $3.9 billion - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:equityinvestmentfinancial community

    Quick Summary

    Telenor sells its stake in Thailand's True Corporation for $3.9 billion, marking a strategic divestment move involving Arise Digital Technology.

    Telenor Divests $3.9 Billion Stake in Thailand's True Corporation

    Telenor's Strategic Move in Thailand

    OSLO, Jan 22 (Reuters) - Norway's Telenor said on Thursday it had agreed to sell its stake in Thailand's True Corporation for a total value of about 39 billion Norwegian crowns ($3.92 billion).

    Details of the Sale

    Telenor Group said it signed an agreement with Arise Digital Technology Company, owned by Khun Suphachai Chearavanont, to sell 24.95% in True, and agreed to a sale of its remaining 5.35% two years after the closing of the initial sale.

    Future Implications

    ($1 = 9.9484 Norwegian crowns)

    (Reporting by Terje Solsvik; Editing by Jamie Freed)

    Table of Contents

    • Telenor's Strategic Move in Thailand
    • Details of the Sale
    • Future Implications

    Key Takeaways

    • •Telenor sells its stake in True Corporation for $3.9 billion.
    • •The sale involves Arise Digital Technology Company.
    • •Telenor will sell its remaining stake in two years.
    • •The transaction is valued at 39 billion Norwegian crowns.
    • •This move is part of Telenor's strategic financial decisions.

    Frequently Asked Questions about Telenor sells its stake in Thailand's True Corporation for $3.9 billion

    1What is equity?

    Equity represents ownership in a company, typically in the form of shares. It allows shareholders to benefit from the company's growth and profits.

    2What is a divestment?

    Divestment is the process of selling off a portion of a company's assets or investments, often to streamline operations or raise capital.

    3
    What is a stake in a company?

    A stake in a company refers to the ownership interest held by an individual or entity, usually represented by shares.

    4What are future implications in finance?

    Future implications refer to the potential effects or outcomes of a financial decision or transaction that may impact a company's performance.

    More from Finance

    Explore more articles in the Finance category

    Image for UK PM Starmer urges closer collaboration with Europe on defence
    UK PM Starmer urges closer collaboration with Europe on defence
    Image for Olympics-Da Vinci's 'Vitruvian Man' loses genitalia for Games TV, angering some in Italy
    Olympics-Da Vinci's 'Vitruvian Man' loses genitalia for Games TV, angering some in Italy
    Image for United's stalled A350 order thrown into doubt by Rolls-Royce engine row
    United's stalled A350 order thrown into doubt by Rolls-Royce engine row
    Image for Alphabet bonds' lack of guardrails highlights investor confidence
    Alphabet bonds' lack of guardrails highlights investor confidence
    Image for Apax Partners walks away from Pinewood deal, citing tough market conditions
    Apax Partners walks away from Pinewood deal, citing tough market conditions
    Image for Safran to open landing gear plant in Morocco
    Safran to open landing gear plant in Morocco
    Image for Remuneration of BBVA's chairman and its CEO falls 3% in 2025
    Remuneration of BBVA's chairman and its CEO falls 3% in 2025
    Image for Farmers protest in Greek capital over rising production costs
    Farmers protest in Greek capital over rising production costs
    Image for ECB fines Crédit Agricole over non-compliance on climate-related risk
    ECB fines Crédit Agricole over non-compliance on climate-related risk
    Image for France most worried about security in EU amid rising threats, survey shows
    France most worried about security in EU amid rising threats, survey shows
    Image for L'Oreal favours early access to Gucci beauty licence as Kering, Coty work towards deal, says CEO
    L'Oreal favours early access to Gucci beauty licence as Kering, Coty work towards deal, says CEO
    Image for Explainer-What drove the fall in EU carbon prices and why does it matter?
    Explainer-What drove the fall in EU carbon prices and why does it matter?
    View All Finance Posts
    Previous Finance PostEQT enters secondary market with $3.2 billion Coller Capital deal
    Next Finance PostEssity's price cuts hit Lotus tissue maker's sales in fourth quarter