True Corp tables USD740m broadband investment plan

2 Jun 2015

Thai quadruple-play group True Corp – which includes China Mobile among its investors – has announced a THB25 billion (USD740 million) two-year investment plan to establish its fibre-to-the-home (FTTH) network nationwide, with half the budget slated for network upgrades in Bangkok, and the other half to be used for modernisation in the provinces. As reported by The Bangkok Post, broadband market leader True’s investment for the 2015-2016 period is seen as a riposte to the recent consumer fixed broadband market entry of Thai cellular leader Advanced Info Service (AIS). True’s CEO Suphachai Chearavanont declared: ‘We want to modernise our whole copper broadband network with the FTTH cable architecture to boost the quality of service delivery and meet demand for bandwidth-hungry services and consumer-driven markets. We aim to roll out the FTTH network to cover ten million households [out of around 22 million] nationwide by 2017, up from six million currently [referring to the current mix of hybrid fibre-coaxial, DSL and FTTx technologies in True’s broadband access footprint]’. The CEO added that the FTTH network upgrade is currently underway. True previously announced plans to roll out FTTx including FTTH to four million homes in the Bangkok Metropolitan Area (BMA) by 2016.

Thailand, True Corp