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
The Demographic Advantage: Why Southeast Asia’s Economic Future Looks Promising
Southeast Asia's economic future looks promising, largely due to its demographic advantage. With a young and dynamic workforce, a burgeoning middle class, and rapid urbanization, the region is poised for sustained growth and development in the coming years. Discover how these factors contribute to Southeast Asia's bright economic prospects.
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...
