Report

New Street: Thai Mobile – Trends impacted by Covid-19, remain cautious; Q1 20 review

After four quarters of improvements, service revenue trends deteriorated in Q1, impacted by the pandemic.
Underlyings
Advanced Info Systems

Total Access Communication Public Co NVDR

True Corp. Public Co. Ltd.

True Corporation Public Company Limited is a Thailand-based integrated communication solution provider. The Company and its subsidiaries categorize the business into three segments: online segment, which is the provision and installation of fixed line services including public telephones and related value-added services, data services, multimedia services, broadband services and Internet services; wireless segment, which is the provision of cellular telephone services, resale of 3G services using high-speed packet access (HSPA) technologies, network equipment rental, mobile services and sales of handsets and accessories, and pay television (Pay-TV) segment, which is the provision of pay television services both via cables and satellite platforms, rental and trading of related equipment and other related services to the pay television business, advertising sale and agency.

Provider
New Street Research
New Street Research

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Analysts
Chris Hoare

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