Brokers see UBS stake in TRUE as vote of confidence in Thai telecoms, re-rating hopes grow Brokers see UBS stake in TRUE as vote of confidence in Thai telecoms, re-rating hopes grow
SATURDAY, FEBRUARY 28, 2026
Analysts say UBS AG’s large purchase of TRUE shares from the CP Group signals confidence in Thailand’s post-merger telecom market and TRUE’s management, with synergy gains supporting steadier EBITDA and cash flow and leaving room for a valuation re-rating.