History
True Corporation was established in 1990 as TelecomAsia. The firm had a strategic partnership with Verizon. The company was listed on the Stock Exchange of Thailand on 1993 (1993-12}22). In 2001, TelecomAsia set up a mobile phone subsidiary with Orange SA. Orange sold off its stake in the venture in 2003 but the Orange brand was still used until 2006.
In an effort to converge all its existing telecommunications related business into a single brand, the company renamed itself True Corporation in 2004 and streamlined its operations with subsidiaries AsiaInfonet (renamed True Internet) and Orange (renamed True Move in 2006) amongst others. It operates fixed-line (as a concessionaire of TOT Plc), wireless, Cable TV, IPTV and Broadband services amongst others.
The company has aggressively pushed itself as an Internet service provider, a broadband and ADSL network. With more than 1 million subscribers, it is now Thailand's largest ISP.
In 2005, True took a higher stake in UBC, Thailand's largest cable television provider, and renamed the network UBC-True. On January 24, 2007 UBC-True was renamed TrueVisions and TrueVisions was renamed due to True Corporation Public Company Limited.
Today, True Corporation Public Company Limited, has pushed communication businesses into one brand, "True", promoting the companies in the form of True Convergence.
On 8th May 2013, True Move officially launched its 4G LTE commercial service on the 2100 MHz bandwidth. This has made it become the first mobile operator in Thailand to offer 4G LTE service on the 2100 MHz spectrum. As of 15th May 2013, the company plans to roll out 300 4G base stations in central Bangkok and 2000 more in 15 major provinces later this year.
True is also available in Cambodia, Laos, Vietnam and Malaysia.
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