New Street Research - Advanced Info Systems (AIS) ... Thai Telcos Takeaways from Meetings with the Thai Telcos in Bangkok

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New Street Research

Chris Hoare

EUR 9330.00 For Business Accounts Only

Thai Telcos Takeaways from Meetings with the Thai Telcos in Bangkok

Our meetings with the two Thai operators (& NBTC) validate our view of a benign mobile dynamic, supported by improving tourism, and sharp capex reductions. Both operators remain focused on profitable growth. TRUE seems very confident on synergy delivery.

11/03/2024 1 EN

Underlyings

Advanced Info Systems

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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.

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TH0375010Z06 Stock Exchange of Thailand Thailand

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Chris Hoare

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Thai Telcos Takeaways from Meetings with the Thai Telcos in Bangkok

5G FWA in EM Rapidly falling CPE prices likely to accelerate adoption in EM

Thai Telcos Q4 23 review: Turning the corner as ARPU grew after more than three years

Asia Telco Tour Feedback, Improving growth, ROCE and shareholder remuneration

VirginMedia-O2 Q1 24 with a deeper-dive on the nexfibre accounts

MTN (Buy, TP: ZAR130, +42%) MTN Ghana – Q1 24: Good start to the year

AMX (Buy, TP: $24, +25%) Why a seemingly (quite) healthy Telco just filed for Chapter 11. Twice.

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