True, dtac tie-up nears shareholder vote
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…
Cost cuts ring True in Q2
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 forecasts more pain for Thai operators
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.
Fitch forecasts widening gap as dtac cuts capex
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.
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