Arogo Capital Acquisition Corp. Executes Business Combination Agreement with Bangkok Tellink Co., Ltd.
Arogo Capital Acquisition Corp. (OTC: AOGO) has signed a definitive business combination agreement with Bangkok Tellink, a Thai telecommunications company, in a transaction valued at $350 million. The combined company plans to list on the Nasdaq Global Market, with Bangkok Tellink's current CEO, Nusttanakit Sasianon, continuing to lead the organization.Bangkok Tellink operates as a licensed Mobile Virtual Network Service Operator (MVNO) and Mobile Virtual Network Aggregator (MVNA), offering mobile services across multiple frequencies under its 'INFINITE' brand. Their services include Smart Solutions, IoT Sim Cards, eSIMs, virtual SMS, SIP trunk, and software development. The company is strategically positioned in Thailand's growing eSIM market, supporting the country's digital economy transformation.The transaction has received unanimous approval from both companies' boards of directors and is subject to regulatory and shareholder approvals.