Norwegian-controlled DTAC reports rise in profit


Controlled by Norway’s Telenor, Thailand’s second largest mobile operator DTAC (Total Access Communication Pcl) reported a 1 percent rise in quarterly net profit on 24 April 2013, in line with its market forecast.

The company posted a January-March 2013 net profit of 3.03 billion Thai baht ($105 million), versus 2.99 billion a year earlier.

DTAC, which has about 30 percent of the Thai market, competes with market leader AIS (Advanced Info Service Pcl) and third-ranked True Move, a unit of True Corp.

Source: Reuters








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