True Move

LIVE FROM HUAWEI MBB FORUM, BANGKOK: Thai operators AIS and True Corp predicted uptake of 5G services to gain momentum after the prices of compatible handsets recently dropped to below $200.

True Corp booked a higher net loss in the second quarter due to an increase in depreciation and amortisation expenses to support its nationwide 5G network rollout.

True Corp and dtac outlined the process for moving ahead with a proposed merger, with the companies to hold a joint shareholders’ meeting on 4 April to propose and determine the name of the new entity after securing approval…

Thailand-based True Group narrowed its loss in Q2 2021 on cost-cutting initiatives and a double-digit increase in post-paid subscribers driven by strong uptake of new 5G service plans. The operator revealed cost and productivity measures gained traction, resulting in an 8.

Fitch Ratings forecast weak growth and high 5G investment to weigh on the profitability of mobile operators in Thailand, as the economy recovers slowly from a third wave of the Covid-19 (coronavirus) pandemic.

Thai operator True and state-owned CAT Telecom called a truce after almost a decade of legal squabbling over a range of network-related matters, agreeing a deal which drops all actions pending with the nation’s Administrative Court.

Fitch Ratings predicted a tough road ahead for Thai operator dtac, with attempts to regain market share likely to be hindered by aggressive capex by rivals AIS and True Move, along with broader economic conditions. While a 2.