Merger details unveiled in the final lap of the planned amalgamation of True Corporation and Total Access Communication (DTAC) suggest DTAC's parent, the Norwegian firm Telenor, may want to serve as a passive or strategic investor rather than run the day-to-day operations of the new firm a sign of a soft exit from the Thai market.
SET-listed mobile operator Total Access Communication (DTAC) reported 13.9 billion baht in third-quarter service revenues, excluding interconnection charges, for flat growth quarterly and a drop of 0.3% year-on-year, though earnings from prepaid customers improved as tourism rebounded and migrant workers returned.
SET-listed mobile carrier Total Access Communication (DTAC) reported 13.9 billion baht in third-quarter service revenue, excluding interconnection charges (IC), down 2.1% quarterly and 2.8% year-on-year, weighed down by the impact of the pandemic.
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DTAC posts growth in Q1 revenue
published : 4 May 2021 at 04:00
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Total Access Communication (DTAC), the country s third-largest mobile carrier, posted 14.1 billion baht in first-quarter revenue excluding interconnection charges (IC) representing quarterly growth of 0.5%.
This marks the first positive note after four consecutive quarters of decline.
The company s subscriber base stood at 19.1 million at the end of the first quarter, a quarterly gain of 229,000, which reflects a sustained recovery, DTAC said in a statement.
Postpaid subscribers accounted for 32.2% of the company s total subscriber base.
Revenue for its core voice and data services recorded a slight drop of 0.7% quarterly to 31.7 billion baht, down 6.5% year-on-year.