nationthailand.com

China Mobile Considers Selling Up to 1% of True Stake as AI Ties Continue

China Mobile logoChina Mobile
Sig1.51Sen+0.34Env0.00Soc+0.30Gov+0.44
True Corporation logoTrue Corporation
Sig1.61Sen+1.10Env0.00Soc+0.21Gov+0.37

True confirmed China Mobile will remain a long-term strategic shareholder. China Mobile’s proposed sale of no more than 1% of its True stake, previously disclosed to the Stock Exchange of Thailand, is described as portfolio management under its investment policy for Chinese state-owned enterprises, with no intent to sell its entire holding. The companies will keep collaborating on AI for network efficiency, operations, and AI services.

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