TT&T posts revenue increase

20 May 2008

Thai fixed line operator TT&T has posted total revenues in the first quarter of 2008 of THB1.814 billion (USD57 million), an increase from THB1.785 billion in the previous quarter and THB1.642 million year-on-year, driven by ‘high growth’ of its high speed internet subscriber base’ amongst other services. In the quarter ended 31 March, total expenses excluding interest and income tax) increased by 2% year-on-year, due to incremental costs which rose in line with the growth of service revenues, particularly expenses related to broadband internet. EBITDA dropped by 10% y-o-y but improved by 79% quarter-on-quarter, whilst the quarterly EBITDA margin, operating loss margin and net profit margin were 24%, -18% and 1%, respectively. TT&T, and its subsidiaries and associated group companies, provides fixed line, public telephony, long-distance, high speed internet, data, value added, national internet exchange, international internet gateway and international private leased line services.

Thailand, Triple T Broadband (3BB)