True Move IoT

Thailand's leading telecom operator, under True Corporation, with over 52 million users after merging with DTAC

True Move Overview

True Move is Thailand's leading telecom operator brand, affiliated with True Corporation Public Company Limited. In March 2023, True merged with DTAC to form Thailand's largest telecom company, True Corporation. After the merger, it had over 52 million mobile users, more than 10.5 million 5G users, and its 5G network covered 90% of Thailand's population. True Corporation positions itself as Thailand's leading telecom technology company, providing integrated services such as mobile, broadband, and digital TV.

For IoT, True Move uses the post-merger 5G footprint, the widest in Thailand, together with a modernized radio network. Enterprises in Thailand and Southeast Asia can take connectivity, a private APN, and network slicing. By 2024 about 10,800 sites had been modernized, which supports industrial IoT and smart-city projects.

True Move Basic Information

  • Founded: 1990 (predecessor of True)
  • Headquarters: Bangkok, Thailand
  • Parent Company: True Corporation (Merged with DTAC in 2023)
  • Users after merger: Over 52 million (2024)
  • 5G Users: Over 10.5 million (Q4 2023)
  • 5G Coverage: 90% of the population (widest in Thailand)
  • Market Position: Thailand's largest telecom company after the merger
  • Q2 2024: Normalized profit of 2.4 billion baht, with EBITDA up for six consecutive quarters
  • Network Standards: 4G LTE, 5G NR, NB-IoT

Development History and Milestones

True Move grew out of True Corporation and entered Thailand's mobile market in the 1990s. True Move H launched 3G in 2012, and 5G went commercial in 2020. On 1 March 2023, True and DTAC finished their merger into the new True Corporation, the largest Thai operator by users, with more than 50 million after the deal. In 2023, net synergies reached 1 billion baht, and EBITDA rose for several quarters in a row.

In 2024 True Corporation kept modernizing the network and had finished about 10,800 sites by September. Mobile service revenue rose 5.2% year on year, and blended ARPU rose 3.9%. The company describes itself as a telecom technology business, combining mobile, broadband, digital content, and fintech for IoT and digital projects.

Core Technical Capabilities

Widest 5G coverage

5G reaches 90% of the population, the widest footprint in Thailand, with 10.5 million 5G users

Network modernization

10,800 sites modernized, improving capacity and IoT connection quality

Scale advantage

Over 52 million users after the merger, significant synergy effects

Integrated services

Mobile, broadband, digital TV, and fintech sold together for IoT projects

Network standards and coverage

Technical Standard Coverage Use Cases Development Status
4G LTE Nationwide in Thailand Mainstream IoT Connection Main Network
5G NR 90% population coverage Industrial IoT, Smart Cities Continuous expansion
NB-IoT Major Regional Deployment Smart metering, sensors Commercial deployment
Fixed Broadband Nationwide Fixed IoT, Smart Home Converged Services

Industry Solutions

Smart city

  • Intelligent Traffic Management
  • Public lighting control
  • Environmental Monitoring Sensors
  • Smart parking system

Industrial Manufacturing

  • 5G factory private network
  • Remote equipment monitoring
  • Predictive Maintenance
  • Asset tracking and positioning

Retail and Logistics

  • POS terminal connection
  • Fleet Management
  • Warehouse Monitoring
  • Cold Chain Tracking

Utilities

  • Smart meter reading
  • Remote Water Meter Reading
  • Energy consumption analysis
  • Smart Agriculture

Competitive Advantages

  • Number one in scale: Over 52 million users after merger, the largest telecom company in Thailand
  • Widest 5G coverage: Covers 90% of the population, 10.5 million 5G users
  • Synergy benefits: Net synergy exceeds 1 billion THB after merger, EBITDA continues to grow
  • Network modernization: 10,800 sites upgraded, connection quality improved
  • Converged services: telecom, technology, content, and finance used together on IoT projects

Service Support System

Enterprise services

  • Dedicated Enterprise Account Manager
  • IoT Solution Consulting
  • Dedicated APN Configuration
  • SLA Guarantee Agreement

Platform Capabilities

  • Connection management platform
  • SIM Lifecycle Management
  • Traffic Monitoring and Alerts
  • API Integration

Integration Support

  • True-DTAC Dual Brand Coordination
  • Fixed-mobile convergence solutions
  • Compliance and licensing consultation
  • Localized technical support

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