Thai state-owned telco TOT’s net profit rose by 21.1 percent year-on-year to THB6.047 billion (US$183 million) in the first ten months of 2009, driven by a 45 percent increase in broadband net income in the same period, and despite a 1.2 percent drop in revenue to THB59.07 billion, reports TeleGeography. The company also noted that since launching 3G mobile services in Bangkok earlier this month, TOT had 8,000 active users on the W-CDMA/HSPA network.
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