set true industry telecommunication consumer electronics founded thailand november 13 1990 1990 11 13 1 headquarters huai khwang bangkok thailand area served thailand key people suphachai chearavanont president and ceo products mobile phone smartphones set top box tablet computer services cable television mobile internet revenue us 3.5 billion 2014 1 number of employees 23 000 parent charoen pokphand group subsidiaries see subsidiaries website www.truecorp.co.th true corporation public company limited true is a communication conglomerate in thailand . true controls thailand s largest cable tv provider truevisions its largest isp true internet and one of thailand s largest mobile operators true move which is third only to ais and dtac . as of august 2014 true along with true gif have a combined market capitalization of some us 10 billion . truemove is also partnered with vodafone group plc. contents 1 history 2 subsidiaries 3 references 4 external links history edit 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 december 22 1993 1993 12 22 . 2 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 . 3 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 . 4 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 . 5 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 8 may 2013 true move officially launched its 4g lte commercial service on the 2100 mhz bandwidth . 6 this has made it become the first mobile operator in thailand to offer 4g lte service on the 2100 mhz spectrum . as of 15 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 . on september 11 2014 it was announced that china mobile with whom true corporation formed the strategic partnership agreed to purchase 18 % of its share for a deal approximately us 881 million subject to shareholders approval . 7 8 9 on november 13 2014 truemove h was announced to increase its investment . 10 000 million baht to expand its 4g lte network covers 80 % of the entire population by june 2015 . 10 in june 2015 suphachai chearavanont true s president and ceo was presented with the 2015 frost & sullivan asia pacific telecom ceo of the year award at the asia pacific ict awards in singapore for his leadership and outstanding achievements in developing the telecommunications industry within the asia pacific region . in the same month suphachai was elected president of the telecommunications association of thailand under the royal patronage . subsidiaries edit true corporation includes the following subsidiaries 11 truemobile mobile telecommunication true move co. ltd. real move co. ltd. true move h universal communication co. ltd. bfkt thailand limited trueonline broadband fixed line business asia infonet co. ltd. asia wireless communication co. ltd. ksc commercial internet co. ltd. mksc world dot com co. ltd. true international communication co. ltd. true international gateway co. ltd. true internet co. ltd. true public communication co. ltd. true universal convergence co. ltd. truevisions pay tv business bec tero true visions co. ltd. click tv co. ltd. satellite service co. ltd. thai news network tnn co. ltd. true4u station co. ltd. true visions plc. true visions cable plc. true visions group co. ltd. true vistas co. ltd. content lifestyle and other businesses ap & j production co. ltd. cineplex co. ltd. panther entertainment co. ltd. sm true joint venture with south korea s s.m. entertainment 12 13 true digital media co. ltd. true distribution & sales co. ltd. true icontent co. ltd. true information technology co. ltd. true life plus co. ltd. true money true multimedia co. ltd. true music co. ltd. true music radio co. ltd. true touch co. ltd. true united football club co. ltd. true voice co. ltd. transformation films co. ltd. true gs co. ltd. thai smart card co. ltd. references edit annual registration statement 2009 56 1 . true corporation . retrieved 27 june 2010 . true company profile . stock exchange of thailand . retrieved 3 july 2010 . ta orange s strategic partner orange sa sells off 39 % of its 49 % stake in the thai mobile operator to telecomasia for a nominal one baht . telecom asia . 2004 04 01 . true corporation . truecorp.co.th . retrieved 2012 02 17 . amnatcharoenrit bamrung and tortermvasana komsan november 8 2005 . true corp set to take over ubc bangkok post retrieved july 18 2006 until august 18 2015 via asiamedia.com . true move h the first to offer 4g lte service on 2100 mhz in thailand while reinforcing its leadership as the largest 3g operator . thaipr.net . jittapong khettiya june 9 2014 . china mobile to buy 881mln stake in thai billionaire s true corp . reuters . retrieved june 11 2014 . phoosuphanusorn srisamorn & leesa nguansuk suchit june 10 2014 . china mobile to buy into true . bangkok post . retrieved june 11 2014 . china mobile press release . true announced high speed internet in bangkok with all fiber network in 2 years . mobile asia . mobileasia.net . annual report 2014 . true group in collaboration with s.m. entertainment from south korea establishes a joint venture sm true co. ltd. to bring a new era of entertainment to thailand . true corporation . retrieved 16 august 2011 . s.m. entertainment establishes joint venture company with thailand s true visions group sm true . allkpop . retrieved 16 august 2011 . external links edit true corporation v t e charoen pokphand subsidiaries charoen pokphand foods concordian international school cp all ping an insurance super brand mall true corporation truemove h truevisions ascend group aden wemall truemoney people chearavanont family v t e members of the conexus mobile alliance fareastone hutchison indosat ooredoo kt ntt docomo smart starhub truemove h vinaphone v t e major information technology companies largest it companies largest internet companies largest software companies semiconductor sales leaders by year consulting and outsourcing accenture atos booz allen hamilton bt global services caci capgemini cgi group cognizant computer sciences corporation deloitte digital china fujitsu hcl technologies hitachi consulting hewlett packard enterprise services ibm global services indra sistemas infosys kpmg leidos nec ntt data orange business services t systems tata consultancy services tech mahindra unisys wipro imaging canon inc. hp inc. eastman kodak fujifilm konica minolta kyocera lexmark nikon olympus corporation panasonic ricoh samsung electronics seiko epson sharp sony toshiba xerox information storage adata dell technologies dell emc fujitsu hitachi data systems hewlett packard enterprise ibm kingston technology lenovoemc netapp oracle corporation plextor samsung electronics seagate technology silicon power sony toshiba transcend information western digital sandisk internet aol baidu facebook google iac interactivecorp microsoft naver netease netflix tencent twitter yahoo yandex cloud computing amazon web services google ibm microsoft oracle corporation rackspace salesforce.com e commerce only alibaba group amazon.com ebay groupon jd.com rakuten mainframes fujitsu ibm mobile devices acer inc. amazon.com apple asus bbk electronics oppo vivo blackberry limited hisense htc huawei i mobile karbonn mobiles lava mobiles lenovo motorola mobility lg electronics meizu micromax mobile microsoft nokia panasonic samsung sony tcl corporation true xiaomi zte networking equipment avaya cisco systems ericsson fujitsu hewlett packard enterprise huawei juniper networks motorola solutions nec nokia qualcomm zte oems celestica compal electronics flextronics foxconn jabil circuit pegatron quanta sanmina corporation tpv technology wistron corporation personal computers and servers acer inc. apple inc. asus dell fujitsu hp inc. lenovo lg electronics nec panasonic samsung electronics toshiba servers only cisco systems hewlett packard enterprise inspur oracle corporation point of sale casio ncr panasonic samsung electronics seiko epson sharp star micronics toshiba wincor nixdorf semiconductors advanced micro devices broadcom fujitsu infineon technologies integrated micro electronics inc. intel lg electronics marvell technology group mediatek micron technology nvidia nxp semiconductors freescale on semiconductor panasonic qualcomm renesas electronics samsung electronics sk hynix sony stmicroelectronics texas instruments toshiba via technologies foundries globalfoundries tsmc united microelectronics corporation smic equipment lam research tokyo electron software adobe systems apple inc. ca technologies google hewlett packard enterprise ibm intuit microsoft oracle corporation sap se symantec vmware telecommunications services bharti airtel am rica m vil at & t bell canada bharat sanchar nigam limited bt group centurylink china mobile china telecom china unicom comcast deutsche telekom hutchison asia telecommunications idea cellular kddi kpn kt corporation mahanagar telephone nigam mtn mts nippon telegraph and telephone ntt docomo oi orange s.a. reliance communications sk telecom softbank mobile sprint corporation tata teleservices telecom italia telef nica telenor true verizon communications vimpelcom vivendi vodafone video games activision blizzard electronic arts nintendo microsoft sony take two interactive tencent methodology fy2014 15 applicable revenues of over group 1 3 6 12 us 3 billion ; group 4 us 2 billion ; group 5 16 us 1 billion ; group 13 us 20 billion retrieved from https en.wikipedia.org w index.php title true corporation & oldid 742673237 categories members of the conexus mobile alliancecompanies established in 1990telecommunications companies of thailandmobile phone companies of thailandmobile phone manufacturerscharoen pokphand groupcompanies listed on the stock exchange of thailandcompanies based in bangkok1990 establishments in thailandthai brands navigation menu personal tools 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