True Corporation
Encyclopedia
True Corporation Public Company Limited (TRUE) is a communication conglomerate in Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

. True controls Thailand's largest cable TV provider True Visions, its largest ISP True Internet and its third-largest mobile operator True Move.

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
Stock Exchange of Thailand
The Stock Exchange of Thailand is the national stock exchange of Thailand. It is located in Bangkok. As of 31 December 2007, the Stock Exchange of Thailand had 541 listed companies with a combined market capitalization of $280 billion. The indices of the stock exchange are SET Index, SET50 Index...

 on . In 2001, TelecomAsia set up a mobile phone subsidiary with Orange SA
Orange SA
Orange is the brand used by France Télécom for its mobile network operator and Internet service provider subsidiaries. It is the fifth largest telecom operator in the world, with 210 million customers . The brand was created in 1994 for Hutchison Telecom's UK mobile phone network, which was...

. 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 (renamed True Internet) and Orange (renamed True Move in 2006) amongst others. It operates fixed-line (as a concessionaire of TOT Plc), wireless
Wireless
Wireless telecommunications is the transfer of information between two or more points that are not physically connected. Distances can be short, such as a few meters for television remote control, or as far as thousands or even millions of kilometers for deep-space radio communications...

, Cable TV, IPTV
IPTV
Internet Protocol television is a system through which television services are delivered using the Internet protocol suite over a packet-switched network such as the Internet, instead of being delivered through traditional terrestrial, satellite signal, and cable television formats.IPTV services...

 and Broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...

 services amongst others.

The company has aggressively pushed itself as an Internet service provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...

, a broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...

 and ADSL
Asymmetric Digital Subscriber Line
Asymmetric digital subscriber line is a type of digital subscriber line technology, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voiceband modem can provide. It does this by utilizing frequencies that are not used by a voice...

 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
Cable television
Cable television is a system of providing television programs to consumers via radio frequency signals transmitted to televisions through coaxial cables or digital light pulses through fixed optical fibers located on the subscriber's property, much like the over-the-air method used in traditional...

 provider, and renamed the network UBC-True. On January 24th 2007 UBC-True was renamed True Visions.

Today, True Corporation Public Company Limited, has pushed communication businesses into one brand, "True", promoting the companies in the form of True Convergence.

True is also available in Cambodia
Cambodia
Cambodia , officially known as the Kingdom of Cambodia, is a country located in the southern portion of the Indochina Peninsula in Southeast Asia...

, Laos
Laos
Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...

, Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...

 and Malaysia.

True Corporation includes the following subsidiaries :
  • True move (Mobile Phone Operator)
  • NC True (In order with 60% deals with NCSoft Corporation)
    • LineageII Online
      Lineage II
      Lineage II is a massive multiplayer online role-playing game for Microsoft Windows. It is a prequel to Lineage, and is set 150 years before the earlier game. It has become very popular since its October 1, 2003 launch in South Korea, reporting 1,000,918 unique users during the month of March 2007...

    • Guild Wars
      Guild Wars
      Guild Wars is an episodic series of online 3D fantasy role-playing games developed by ArenaNet and published by NCsoft. Although often defined as an MMORPG the developers define it as a CORPG due to significant differences from the MMORPG genre. It provides two main modes of gameplay—a cooperative...

    • Crazy Mon Racing
    • Point Blank
    • Love Beat
  • True Online
    • True Internet (largest in Thailand, Approx 80% of Bangkok Internet Market)
    • True Net Talk
  • True Digital Plus
    • True Coffee
    • True Life, online social network (Approximately 700,000 members)
    • Online Game Provider
      • Pristontale (Service Terminated)
      • Special Force
        Special Force
        Special Force is a first-person shooter military video game, published by Hezbollah, created using the Genesis 3D engine. The game is set in a 3D environment, in which the player takes the role of a Hezbollah combatant fighting the IDF...

      • HipStreet (HighStreet5)
      • KartRider
      • EA Sport FIFA Online 2
      • Karma II: The Operation of Barbarossa
      • BATTERY (Battle Territory) Online
    • True Music channel
    • True Music Radio wave
  • True Money (Pay by phone service cash card and Pay Station)
  • TrueVisions
    TrueVisions
    TrueVisions is Thailand's leading cable satellite television operator, broadcasting largely in English. Now owned by the True Corporation, the company was formerly known as the United Broadcasting Corporation , but it was rebranded in February 2007....

     (Subscriber TV service)
    • True Fantasia
      • True Academy Fantasia (Hit reality show in Thailand)
    • Approximately 8 True's channels on True Visions.
  • Joint Ventures
    • SM True (with South Korea's S.M. Entertainment
      S.M. Entertainment
      S.M. Entertainment is an independent Korean record label, talent agency, producer, and publisher of pop music, founded by Lee Soo-man in South Korea...

      )

Other smaller subsidiaries include True Data Center and True Multimedia.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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