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  • 00:00

    True Corporation Public Company Limited is a communication conglomerate in
    True Corporation Public Company Limited is a communication conglomerate in

  • 00:06

    Thailand. True controls Thailand's largest cable TV provider TrueVisions,
    Thailand. True controls Thailand's largest cable TV provider TrueVisions,

  • 00:12

    its largest ISP True Internet and one of Thailand's largest mobile operators,
    its largest ISP True Internet and one of Thailand's largest mobile operators,

  • 00:18

    True Move, which is third only to AIS and Dtac. As of August 2014, True, along
    True Move, which is third only to AIS and Dtac. As of August 2014, True, along

  • 00:25

    with True GIF, have a combined market capitalization of some US$10 billion.
    with True GIF, have a combined market capitalization of some US$10 billion.

  • 00:31

    TrueMove is also partnered with Vodafone Group plc.
    TrueMove is also partnered with Vodafone Group plc.

  • 00:36

    History True Corporation was established in 1990
    History True Corporation was established in 1990

  • 00:40

    as TelecomAsia. The firm had a strategic partnership with Verizon. The company
    as TelecomAsia. The firm had a strategic partnership with Verizon. The company

  • 00:46

    was listed on the Stock Exchange of Thailand on December 22, 1993. In 2001,
    was listed on the Stock Exchange of Thailand on December 22, 1993. In 2001,

  • 00:52

    TelecomAsia set up a mobile phone subsidiary with Orange SA. Orange sold
    TelecomAsia set up a mobile phone subsidiary with Orange SA. Orange sold

  • 00:58

    off its stake in the venture in 2003 but the Orange brand was still used until
    off its stake in the venture in 2003 but the Orange brand was still used until

  • 01:05

    2006. In an effort to converge all its
    2006. In an effort to converge all its

  • 01:08

    existing telecommunications related business into a single brand, the
    existing telecommunications related business into a single brand, the

  • 01:14

    company renamed itself True Corporation in 2004 and streamlined its operations
    company renamed itself True Corporation in 2004 and streamlined its operations

  • 01:21

    with subsidiaries AsiaInfonet and Orange amongst others. It operates fixed-line,
    with subsidiaries AsiaInfonet and Orange amongst others. It operates fixed-line,

  • 01:27

    wireless, Cable TV, IPTV and Broadband services amongst others.
    wireless, Cable TV, IPTV and Broadband services amongst others.

  • 01:33

    The company has aggressively pushed itself as an Internet service provider,
    The company has aggressively pushed itself as an Internet service provider,

  • 01:39

    a broadband and ADSL network. With more than 1 million subscribers, it is now
    a broadband and ADSL network. With more than 1 million subscribers, it is now

  • 01:45

    Thailand's largest ISP. In 2005, True took a higher stake in
    Thailand's largest ISP. In 2005, True took a higher stake in

  • 01:50

    UBC, Thailand's largest cable television provider, and renamed the network
    UBC, Thailand's largest cable television provider, and renamed the network

  • 01:57

    UBC-True. On January 24, 2007 UBC-True was renamed TrueVisions and TrueVisions
    UBC-True. On January 24, 2007 UBC-True was renamed TrueVisions and TrueVisions

  • 02:03

    was renamed due to True Corporation Public Company Limited.
    was renamed due to True Corporation Public Company Limited.

  • 02:08

    Today, True Corporation Public Company Limited, has pushed communication
    Today, True Corporation Public Company Limited, has pushed communication

  • 02:14

    businesses into one brand, "True", promoting the companies in the form of
    businesses into one brand, "True", promoting the companies in the form of

  • 02:20

    True Convergence. On 8 May 2013, True Move officially
    True Convergence. On 8 May 2013, True Move officially

  • 02:25

    launched its 4G LTE commercial service on the 2100 MHz bandwidth. This has made
    launched its 4G LTE commercial service on the 2100 MHz bandwidth. This has made

  • 02:31

    it become the first mobile operator in Thailand to offer 4G LTE service on the
    it become the first mobile operator in Thailand to offer 4G LTE service on the

  • 02:38

    2100 MHz spectrum. As of 15 May 2013, the company plans to roll out 300 4G
    2100 MHz spectrum. As of 15 May 2013, the company plans to roll out 300 4G

  • 02:44

    base stations in central Bangkok and 2000 more in 15 major provinces later
    base stations in central Bangkok and 2000 more in 15 major provinces later

  • 02:51

    this year. True is also available in Cambodia,
    this year. True is also available in Cambodia,

  • 02:54

    Laos, Vietnam and Malaysia. On September 11, 2014, it was announced
    Laos, Vietnam and Malaysia. On September 11, 2014, it was announced

  • 03:00

    that China Mobile, with whom True Corporation formed the strategic
    that China Mobile, with whom True Corporation formed the strategic

  • 03:06

    partnership, agreed to purchase 18% of its share for a deal approximately
    partnership, agreed to purchase 18% of its share for a deal approximately

  • 03:12

    US$881 million, subject to shareholders' approval.
    US$881 million, subject to shareholders' approval.

  • 03:16

    On November 13, 2014, Truemove-H was announced to increase its investment.
    On November 13, 2014, Truemove-H was announced to increase its investment.

  • 03:22

    10,000 million Baht to expand its 4G LTE network covers 80% of the entire
    10,000 million Baht to expand its 4G LTE network covers 80% of the entire

  • 03:28

    population by June 2015. In June 2015 Suphachai Chearavanont,
    population by June 2015. In June 2015 Suphachai Chearavanont,

  • 03:33

    True's President and CEO was presented with the “2015 Frost & Sullivan Asia
    True's President and CEO was presented with the “2015 Frost & Sullivan Asia

  • 03:40

    Pacific Telecom CEO of the Year” award at The Asia Pacific ICT Awards in
    Pacific Telecom CEO of the Year” award at The Asia Pacific ICT Awards in

  • 03:46

    Singapore for his leadership and outstanding achievements in developing
    Singapore for his leadership and outstanding achievements in developing

  • 03:52

    the telecommunications industry within the Asia Pacific region. In the same
    the telecommunications industry within the Asia Pacific region. In the same

  • 03:58

    month, Suphachai was elected President of The Telecommunications Association of
    month, Suphachai was elected President of The Telecommunications Association of

  • 04:05

    Thailand under The Royal Patronage. Subsidiaries
    Thailand under The Royal Patronage. Subsidiaries

  • 04:09

    True Corporation includes the following subsidiaries:
    True Corporation includes the following subsidiaries:

  • 04:13

    Mobile business True Move Co., Ltd.
    Mobile business True Move Co., Ltd.

  • 04:16

    Real Move Co., Ltd. True Move H Universal Communication Co.,
    Real Move Co., Ltd. True Move H Universal Communication Co.,

  • 04:21

    Ltd. BFKT Limited
    Ltd. BFKT Limited

  • 04:22

    Broadband/fixed line business Asia Infonet Co., Ltd.
    Broadband/fixed line business Asia Infonet Co., Ltd.

  • 04:27

    Asia Wireless Communication Co., Ltd. KSC Commercial Internet Co., Ltd.
    Asia Wireless Communication Co., Ltd. KSC Commercial Internet Co., Ltd.

  • 04:33

    MKSC World Dot Com Co., Ltd. True International Communication Co.,
    MKSC World Dot Com Co., Ltd. True International Communication Co.,

  • 04:38

    Ltd. True International Gateway Co., Ltd.
    Ltd. True International Gateway Co., Ltd.

  • 04:42

    True Internet Co., Ltd. True Public Communication Co., Ltd.
    True Internet Co., Ltd. True Public Communication Co., Ltd.

  • 04:47

    True Universal Convergence Co., Ltd. Pay TV business
    True Universal Convergence Co., Ltd. Pay TV business

  • 04:51

    BEC-TERO True Visions Co., Ltd. Click TV Co., Ltd.
    BEC-TERO True Visions Co., Ltd. Click TV Co., Ltd.

  • 04:55

    Satellite Service Co., Ltd. Thai News Network Co., Ltd.
    Satellite Service Co., Ltd. Thai News Network Co., Ltd.

  • 05:00

    True4U Station Co., Ltd. True Visions Plc.
    True4U Station Co., Ltd. True Visions Plc.

  • 05:03

    True Visions Cable Plc. True Visions Group Co., Ltd.
    True Visions Cable Plc. True Visions Group Co., Ltd.

  • 05:08

    True Vistas Co., Ltd. Content, lifestyle and other businesses:
    True Vistas Co., Ltd. Content, lifestyle and other businesses:

  • 05:13

    AP&J Production Co., Ltd. Cineplex Co., Ltd.
    AP&J Production Co., Ltd. Cineplex Co., Ltd.

  • 05:17

    Panther Entertainment Co., Ltd. SM True
    Panther Entertainment Co., Ltd. SM True

  • 05:20

    True Digital Media Co., Ltd. True Distribution & Sales Co., Ltd.
    True Digital Media Co., Ltd. True Distribution & Sales Co., Ltd.

  • 05:25

    True IContent Co., Ltd. True Information Technology Co., Ltd.
    True IContent Co., Ltd. True Information Technology Co., Ltd.

  • 05:30

    True Life Plus Co., Ltd. True Money
    True Life Plus Co., Ltd. True Money

  • 05:33

    True Multimedia Co., Ltd. True Music Co., Ltd.
    True Multimedia Co., Ltd. True Music Co., Ltd.

  • 05:37

    True Music Radio Co., Ltd. True Touch Co., Ltd.
    True Music Radio Co., Ltd. True Touch Co., Ltd.

  • 05:41

    True United Football Club Co., Ltd. True Voice Co., Ltd.
    True United Football Club Co., Ltd. True Voice Co., Ltd.

  • 05:46

    Transformation Films Co., Ltd. True GS Co., Ltd.
    Transformation Films Co., Ltd. True GS Co., Ltd.

  • 05:50

    Thai Smart Card Co., Ltd. References
    Thai Smart Card Co., Ltd. References

  • 05:53

    External links True Corporation
    External links True Corporation

All noun
corporation
/ˌkôrpəˈrāSH(ə)n/
word
company or group of people authorized to act as single entity legally person and recognized as such in law

True Corporation

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Video Language:

  • English

Caption Language:

  • English (en)

Accent:

  • English (US)

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  • 5:54 / 6:09

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  • 114 wpm - Conversational

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Intro:

True Corporation Public Company Limited 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.
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 December 22, 1993. 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 and Orange amongst others. It operates fixed-line,
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

Video Vocabulary

company

/ˈkəmp(ə)nē/

noun verb

commercial business. associate with.

renamed

/rēˈnām/

verb

give new name to.

capitalization

/ˌkapədləˈzāSHən/

noun

Writing words, the first letter in BIG LETTERS.

existing

/iɡˈzistiNG/

adjective verb

in existence or operation at current time. To be present, alive or real.

television

/ˈteləˌviZHən/

noun

system for converting visual images with sound into electrical signals, transmitting them by radio or other means.

established

/əˈstabliSHt/

adjective verb

having existed or done something for long time and therefore recognized and generally accepted. To set or create something to last for a long time.

combined
verb

unite or merge.

venture

/ˈven(t)SHər/

adjective noun verb

(Business activity) taking chances or risks. risky or daring journey or undertaking. To risk something, such as money.

subsidiary

/səbˈsidēˌerē/

adjective noun

less important than but related or supplementary to something. company controlled by holding company.

services

/ˈsərvəs/

noun other verb

action of helping or doing work for someone. Ceremonies for religious purposes. To maintain a piece of machinery so it runs well.

limited

/ˈlimədəd/

adjective verb

restricted in size, amount, etc.. To stop or prevent an increase past a point.

corporation

/ˌkôrpəˈrāSH(ə)n/

noun

company or group of people authorized to act as single entity legally person and recognized as such in law.