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True achieves profit as broadband booms.
Byline: Srisamorn Phoosuphanusorn
Mar. 1--True Corporation said yesterday that it was on track for improved profitability after losing money since the economic crisis in 1997, thanks to the first-time profit of mobile phone flagship TA Orange and strong performance of its broadband Internet business.
True reported an 18.1 percent increase in revenue last year to 33 billion baht from 27.9 billion in 2003. Net profit was 605 million baht in 2004, compared with a loss of 5.67 billion baht the year before.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 13.1 percent from 11.6 billion to 13.2 billion baht during the ...
- TA Orange's strategic partner Orange SA sells off 39% of its 49% stake in the...
- Magazine article from: Telecom Asia April 1, 2004 700+ words
TA Orange's strategic partner Orange...TelecomAsia for a nominal one baht ($0.02). TA chief Supachai...says the deal will enable TA Orange to refinance and help fund...Its net loss rose to 5.67b baht ($145.5m), or 2.13...
- TA Orange's strategic partner Orange SA sells off 39% of its 49% stake in the...
- Magazine article from: Wireless Asia April 15, 2004 700+ words
TA Orange's strategic partner Orange SA sells off...operator to TelecomAsia for a nominal 1 baht ($0.025). TA chief Supachai Chearavanont says the deal will enable TA Orange to refinance and help fund a planned network...
- TA Orange plans to raise 6b baht ($154m) by issuing new shares in the second...
- Magazine article from: Wireless Asia March 15, 2004 700+ words
TA Orange plans to raise 6b baht ($154m) by issuing new shares in the second quarter, but the company has not decided whether to raise the money through a rights issue or a private placement.
- TA Orange plans to raise 6b baht ($154m) by issuing new shares in the second...
- Magazine article from: Telecom Asia March 1, 2004 700+ words
TA Orange plans to raise 6b baht ($154m) by issuing new shares in the second quarter, but the company has not decided whether to raise the money through a rights issue or a private placement.
- TA Orange increases its network capacity.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 3, 2005 700+ words
...Phoosuphanusorn Feb. 3--TA Orange yesterday signed a five-billion-baht contract with Alcatel...average revenue per user for TA Orange is approximately 450 baht per month. Mr Supachai said TA Orange was expected to be profitable...
- TA Orange Plots Its Comeback in Mobile Phone Market.
- Newspaper article from: Knight Ridder/Tribune Business News February 19, 2004 700+ words
...budget of 600 million baht aimed at signing...000 new users. TA Orange, which kept a low...Chearavanont said TA Orange has already invested 32 billion baht in the first phase...activities, he said. TA Orange had five billion baht in operations losses...
- TA Orange cuts fees further.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 31, 2005 700+ words
...a call within the TA Orange's network and True...numbers costs one baht, the second and...flat rate of two baht for the first minute...officer of DTAC, said TA Orange's promotion would...industry. He said TA Orange's strategy would...The current ...
- TA Orange in deal with Korean giant SK Telecom.
- Newspaper article from: Knight Ridder/Tribune Business News July 9, 2004 700+ words
...Under the agreement, TA Orange will receive the right...value of 250 million baht. The movement is...voice services, TA Orange will be able to leapfrog...services," he said. TA Orange expects to earn 700 million baht in revenue from its...
Source: HighBeam Research, True achieves profit as broadband booms.