DTAC profit up 34.7% on yearly basis, down 53% from 2Q

28 Oct 2008

Thailand’s second largest cellco by users DTAC announced yesterday that its third-quarter net profit rose 34.7% year-on-year to THB1.836 billion (USD53 million), up from THB1.362 billion a year earlier as costs were reduced, but down 53.0% from THB3.904 billion in the previous quarter, mainly due to a one-time gain in 2Q from a settlement from minor operator DPC. Total revenues in the three months to the end of September 2008 were THB16.725 billion, up 2.3% y-o-y but down by 0.9% quarter-on-quarter. DTAC added 780,425 subscribers in 3Q08, bringing its total user base to 18.213 million. Customer growth was boosted by strong pre-paid take-up in provincial areas and strong post-paid net additions, with the cellco’s contract base growing by 7.5% q-o-q to 2.351 million. DTAC is majority owned by Norway’s Telenor, which reports its 3Q group results tomorrow.

Thailand, Digital Total Access Communication (DTAC),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share