Wireless arm boosts True Corp results

21 Mar 2005

True Corp has reported an 18.1% year-on-year increase in revenue to THB33 billion. TA Orange (True Mobile) and the group’s other data, internet and broadband businesses generated 37% of the total, up from 26% in 2003; in 2005 the figure is expected to reach 50%. At the same date the company claimed 2.6 million fixed line customers and 3.8 million wireless subscribers. The number of consumer broadband subscribers rose 13 fold in 2004 to more than 160,000, giving True an 85% share of the country’s broadband market. The company also claims to be the largest ISP in Thailand, with 1.2 million dial up customers.

Thailand, True Corp, True Move