The telco 2Q09 results announcements have shown softening revenue from a soft economy, weak tourism industry and the low usage season. Although all operators focused on expense controls, industry earnings still showed a yoy drop. Only True Move recorded a significant improvement in yoy EBITDA, after the company successfully reduced interconnection (IC) expenses and boosted revenues.
2Q 2009 Telco operator performance
Leave a reply
Thailand Retirement Ranking Improving
To see the Thailand Retirement Ranking improving delighted the Thai Prime Minister Prayut Chan-o-cha said government spokesman Anucha Burapachaisri. In...
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...
