DTAC forecasts 10% revenue rise in 2008

25 Jan 2008

DTAC, Thailand’s second largest mobile operator by subscribers revealed yesterday that it expected 2008 revenues to rise at the industry rate of more than 10%. CEO Sigve Brekke told reports that the cellco expected to win 35% of the expected seven to nine million new subscribers in the country this year. Twelve analysts polled by Reuters expected DTAC’s 2008 revenues to rise 11.6% to THB74.1 billion (USD2.4 billion) from a 2007 forecast of THB66.4 billion. The company is due to announce its 2007 results next month.

Thailand, Digital Total Access Communication (DTAC)