Thailand’s second largest mobile operator by users, DTAC, part of the Telenor group, posted total revenues of THB89.5 billion (USD2.98 billion) in 2012, an increase of 13.0% on the previous year. Full-year EBITDA stood at THB26.8 billion, down by 1.8%, mainly because of the increase in build-transfer-operate (BTO) concession revenue-sharing rates from 25% to 30%, and low-margin contribution from the handset sales segment. Consequently, net profit declined 4.5% to THB11.3 billion as a result of lower EBITDA, higher network amortisation and higher interest expenses. By the end of 2012, DTAC’s total subscriber base rose to 25.3 million, on total annual net subscriber additions of 2.1 million. Pre-paid subscribers grew by 1.67 million to 22.49 million while post-paid users increased by 417,000 to 2.83 million.
During 2012 DTAC completed a nationwide 2G network modernisation (‘network swap’) and 3G 850MHz network expansion, reaching UMTS-850 coverage of 60% of the population, serving major cities nationwide. Following October’s 3G licence auction, its 2100MHz W-CDMA/HSPA network launch is scheduled for the second quarter of 2013.