Telenor and Thailand's True Corp plan $200 million VC fund

Telenor and Thailand's True Corp plan $200 million VC fund
Telenor and Thailand's True Corp plan $200 million VC fund   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">BANGKOK</span> – Norway’s Telenor <span class="caps">ASA</span> on Monday said it would set up a venture capital fund with Thailand’s True Corporation Pcl with a size of up to $200 million.</p> <p>“We will set up a venture capital fund together with partners in the range of $100 to $200 million,” Telenor Chief Executive Sigve Brekke said in a virtual news conference about the company’s merger of Total Access Communication Pcl and Thailand’s True Corp.</p> <p/> </div>