DTAC, Thailand’s second largest cellco by subscribers, has reported that its second-quarter net profits rose by 193% year-on-year to USD117 million (THB3.9 billion), up from THB1.33 billion a year earlier, and THB2.35 billion in the previous quarter.
The GSM operator, controlled by Norway’s Telenor, also reported a 45% year-on-year rise in second-quarter EBITDA, and a 181% increase in EBIT. Capital expenditure was down by 4% y-o-y in the quarter, which DTAC ended with 17.433 million subscribers, up from 16.656 million at the end of March 2008 and 14.476 million at mid-2007.
Wireless Federation » DTAC’s profits rise by 193% (Thailand)
DTAC’s profits rise by 193% (Thailand)
- July 24th, 2008
- 9:51 am
