5G sparks wave of mergers by Southeast Asian telecom players

5G sparks wave of mergers by Southeast Asian telecom players

People are silhouetted in front of an electronic screen showing logo of the True Corp. at a department store in Bangkok, Thailand, November 22, 2021. REUTERS/Athit Perawongmetha

The arrival of 5G telecommunication services has kicked off another round of mergers among Southeast Asian wireless carriers seeking to ease investment burdens, raising concerns over market domination by a handful of players.