Total Access Communication PCL (TACYY.PK)
(The following statement was released by the rating agency) BANGKOK, September 04 (Fitch) Thai mobile-phone operators' strategy to reduce handset subsidies gradually is likely to improve their profitability, says Fitch Ratings. Although operators may face slower revenue growth in the shorter term as cost-conscious subscribers switch to competitors, we believe the impact would be more than offset by a reduction in costs to acquire and retain subscribers. Competition could become more rational as
BANGKOK, July 13 Thailand’s Total Access Communication beat expectations on Thursday with a jump of more than 400 percent in second quarter net profit.
(The following statement was released by the rating agency) BANGKOK, May 25 (Fitch) TOT Public Company Limited's (TOT) decision to enter into negotiations with Total Access Communication Public Company Limited (DTAC; BBB/AA(tha)/Stable) for the rights to use TOT's 2.3GHz spectrum is positive for DTAC, Fitch Ratings says. Should the companies come to an agreement, we believe that DTAC's market position will be strengthened as its relatively weak spectrum portfolio has constrained its business. Ho
* Telenor's Thai subsidiary Dtac selected preferred partner on state enterprise TOT's 2300 mhz spectrum