DTAC’s EBITDA climbs 6.9%, sales rise 38%

11 Feb 2008

Thailand’s second largest cellco by subscribers DTAC’s EBITDA rose 6.9% year-on-year in the fourth quarter of 2007 to NOK850 million (USD154 million), on revenues of NOK2.985 billion, up 38% from NOK2.158 billion a year ago. In a report to the Thai and Singapore stock exchanges, the GSM operator, which is 70.6%-owned by Norway’s Telenor, said that CAPEX of NOK717 million during the quarter was up on its 3Q figure of NOK428 million but down from the year-ago investment of NOK737 million. EBIT in 4Q 2007 was NOK326 million, down from NOK410 million a year earlier but marginally above the NOK308 million posted in the third quarter. At the end of December 2007 DTAC had 15.772 million mobile customers, up from 14.878 million at end-September and 11.869 million at the beginning of the year.

Thailand, Digital Total Access Communication (DTAC)