He said Prinsiri had planned to consolidate KPN's revenue earned in the fourth quarter of last year. With the delay, the company could no longer realise KPN's revenue into Prinsiri's result in 2015 as planned. It therefore no longer sees any benefit from the merger. "The synergy is about timing, which is not right any more," Mr Utane said without elaborating how the synergy could change from the delay in consolidating KPN's revenue.