OSLO, Nov 19 (Reuters) – Norway’s Telenor (TEL.OL) and Thailand’s Charoen Pokphand Group (CP Group) are exploring a merger of their telecom items in Thailand that would form a new market leader in the Southeast Asian nation. A deal, if completed, would merge the telecom operations of Telenor’s Complete Entry Communication (Dtac) (DTAC.BK) and CP Group’s True Company (True) (TRUE.BK), Oslo-based Telenor stated in a statement on Friday. Dtac is at the moment valued at round $3 billion, in accordance with Refinitiv Eikon information, whereas True has a worth of $4.5 billion. CP Group didn’t immediately reply to a request for remark.

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