Total Access Communication PCL (TACYY.PK)
26 Sep 2016
(The following statement was released by the rating agency) SYDNEY, October 21 (Fitch) Fitch Ratings has affirmed Thailand-based telecommunications company Total Access Communication Public Company Limited's (DTAC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB', with Stable Outlook. The agency has also affirmed its National Long-Term Rating at 'AA(tha)' with Stable Outlook, and National Short-Term Rating at 'F1+(tha)'. The affirmation reflects our expectation th
(The following statement was released by the rating agency) BANGKOK, July 14 (Fitch) Thailand's second-largest mobile operator by service revenue, Total Access Communication Public Company Limited (DTAC: BBB/AA(tha)/Stable), faces a major challenge to regain market share and stabilise earnings, weighing on its credit profile in the medium term, says Fitch Ratings. Fitch expects DTAC's service revenue to drop by 1.5%-2.0% in 2016 (2015: down 3%), as the company continues to lose market shar
BANGKOK, July 12 Thailand's Total Access Communication (TAC) said on Tuesday its quarterly net profit fell 90 percent to its lowest level since listing its shares in Bangkok in 2007, due to the rising cost of expanding its network.