LTC’s telephony base rises 11%, reports Thaicom

18 Feb 2014

Thai satellite operator Thaicom, part of the InTouch group (formerly Shin Corp), has reported performance statistics for its part-owned mobile and fixed telephony subsidiary in Laos in 2013. Lao Telecommunications Company (LTC) had total telephony subscribers (largely mobile) of 1,487,256 at the end of December 2013, up by 11.4% from 1,335,598 at the end of 2012, Thaicom reported, adding that the Thai group earned revenue from Laos voice and internet services of THB837 million (USD25.8 million) in 2013, up by THB108 million, or 14.8% year-on-year. Growth was driven by increased revenue from pre- and post-paid mobile phone services, largely resulting from higher subscriber volume and ARPU, as well as increasing volumes of HSPA-based 3G mobile internet subscribers. The report added that LTC has significantly improved its 3G mobile system to allow for higher data usage, while also introducing 4G LTE services in the capital, Vientiane (referring to 60-base station LTE deployment flagged up in advance by the operator last July), although a full commercial LTE launch is yet to be announced.

Results for Thaicom’s Cambodian subsidiary Mfone are no longer reported, as the Thai group reports that the cellco’s insolvency proceedings are currently ‘going forward’ under a court-appointed Administrator; Mfone’s application for insolvency proceedings was accepted by the Phnom Penh court just over a year ago in February 2013.

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