Telenor says committed to Thailand following market talk on Thai unit [Reuters]
TELENOR ASA S/ADR (TELNY)
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Source: Reuters
SINGAPORE (Reuters) - Norwegian telecoms operator Telenor Group said on Thursday it was committed to Thailand and its Asia strategy, in response to a Reuters query on whether it would sell its stake in Thailand's Total Access Communication Pcl. Shares in the Thai telecoms operator were up 13.3% in strong volume on Thursday following market talk regarding the potential move, and held on its gains following Telenor's comments. In an emailed statement, Telenor added that it does not comment on rumours or speculation in the market. Reporting by Panu Wongcha-um, Scott Murdoch and Anshuman Daga; Editing by James Pearson
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