DTAC expects revenue growth between 3 to 5 per cent
February 12, 2014 00:00 By
Total Access Communication (DTAC) expects total revenue growth between 3 per cent to 5 per cent year on year this year, supported by growth of data revenue.
The company expects weakening macroeconomics and increasing competition to continue this year. It plans to invest a minimum of Bt13 billion this year mainly on the further expansion of 3G-2.1GHz network coverage, with a total 3-year investment plan maintained at Bt34 billion between 2013 to 2015.
DTAC made net profit of Bt10.6 billion last year, substantially decreased 6.3 per cent year on year caused by foreign exchange loss from weakening Thai baht together with one-time effects from provision of Digital Phone Co case settlement. Total revenues growth at 5.7 per cent year on year to Bt94.6 billion.