True Chairman "Suphachai Chearavanont" congratulates the management team on winning 2 key frequency bands worth over 26 billion

Following True Corporation successfully won the 2300 MHz and 1500 MHz frequency band auctions, strengthening its spectrum portfolio covering low, mid, and high bands and becoming the service provider with the most comprehensive spectrum portfolio in Thailand, Mr. Suphachai Chearavanont, Chair of the Board of Directors, True Corporation Plc, congratulated and thanked the management team for this achievement and affirmed that True Corporation will utilize these newly acquired frequencies efficiently and with the utmost responsibility for the benefit of the country and all Thai people.

Mr. Suphachai Chearavanont, Chief Executive Officer, Charoen Pokphand Group/ Chair of the Board of Directors, True Corporation Plc, congratulated True's executives, stating that "The success of this frequency auction marks another important step in enhancing True's capabilities and strengthening Thailand's communications foundation to keep pace with the digital era. Beyond increasing True's business potential, these additional frequencies reflect our mission to continuously develop the country's digital infrastructure, reduce inequalities in access to technology, create new economic opportunities, and improve the quality of life for people in all sectors. This also reinforces True Corporation's tech leadership and readiness to drive innovation for the benefit of all Thais."

Mr. Suphachai added, "I would like to thank everyone involved in this frequency allocation process. I am confident that True will utilize the newly acquired frequencies efficiently and responsibly, for the benefit of the country and all Thai people."

Mr. Sigve Brekke, Group CEO of True Corporation Plc, stated that "This frequency auction reflects the company's commitment to further enhancing the quality and strength of our network. The two newly acquired frequency bands - 70 MHz in the 2300 MHz band and 20 MHz in the 1500 MHz band - are strategic investments, totaling 26.42 billion baht, and will bring significant benefits to our customers. With these additional frequencies, True will hold the most extensive and well-rounded spectrum portfolio in Thailand, enabling us to continue modernizing our network to deliver even greater performance and coverage. This will not only strengthen True's long-term competitiveness but is also an investment in Thailand's future. We firmly believe that telecom infrastructure is at the heart of innovation, economic growth, and improving people's quality of life"

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