Thailand's TrueVisions adds 33k subscribers in 2Q09
Monday, August 17th, 2009BANGKOK — Reporting its performance for the three months to June 30, 2009, True Corporation PLC (SET: True) saw both Group service revenue and EBITDA grow on a Y-on-Y basis despite the challenging economic climate.
Despite the low season period and impact from the economy, TrueVisions’ subscriber base grew 37% Y-on-Y to 1.6 million mainly on continuing mass marketing success. Service revenue declined 3% Y-on-Y to Baht 2.3 billion mainly due to the rescheduling of Academy Fantasia to Q3 whereas subscription revenues grew 3.2%.
TrueVisions – subscribers (‘000):
4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 2006 2007 ----- ----- ----- ----- ----- ----- ----- ----- ----- 1,039 1,111 1,179 1,312 1,469 1,580 1,613 624 1,039
More: Earnings Release
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