True loss widens on spectrum, foreign exchange prices

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True loss widens on spectrum, foreign exchange prices


Thailand-based True Group booked the next loss in Q1 because of higher overseas change losses and 5G spectrum prices.

Internet lack of THB581.four million ($18.four million) was up from THB161 in Q1 2020, on income of THB35.four billion, up 1.7 per cent.

Cell service income was flat at THB19.9 billion and system gross sales had been down 2.5 per cent to THB4.9 billion.

The corporate said post-paid subscriber acquisition remained sturdy, with 1.6 million added for a complete of 10.2 million. Pay as you go declined 3.Three per cent to 21 million. Blended cellular ARPU was steady at THB213.

Broadband income elevated 10.1 per cent to THB7.2 billion and pay-TV fell 1 per cent to THB2.59 billion.

The operator famous its digital unit continued to strengthen its aggressive edge and ecosystem, with media platform TrueID reporting video views monthly elevated to 240 million from 141 million and content material subscriptions grew 55.four per cent to 435,000.

Within the enterprise section, True Digital Options linked greater than 406,000 IoT endpoints and units, up from 242,000.

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