Sigve Brekke, Chairman of the Executive Committee at TRUE, confirmed that China Mobile remains a strategic shareholder and has no plans to sell its entire stake. The earlier notification to the stock exchange regarding a potential sale of no more than 1 percent of TRUE shares was merely portfolio management in line with Chinese state-owned enterprise policy, and is unrelated to TRUE's fundamentals or the Thai economy. If a sale does occur, it will not affect business plans or operations. The collaboration between TRUE and China Mobile continues to move forward, especially in deploying AI to enhance network efficiency, reduce costs, and develop new digital services for both corporate and individual customers, in order to drive long-term growth.
True Corporation Public Company LimitedChina Mobile remains strategic shareholder, no full exit; AI collaboration continues.
China Mobile LimitedChina Mobile's potential 1% stake sale is portfolio rebalancing, not fundamental change.
