TrueVisions of Thailand adds 31k subscribers in 3Q09
Monday, November 16th, 2009
BANGKOK — Reporting its performance for the three months to September 30, 2009, True Corporation PLC (SET: True) saw recovery from seasonal lows in Q2 with Group service revenue and EBITDA growing further.
TrueVisions saw subscriber numbers rise 25.3% from a year ago to 1.64 million while the beginning of the new Premier League (PL) season helped boost premium subscribers following seasonal lows in Q2. The proportion of mass market subscribers upgrading to higher packages (upselling) grew to 36.8% from 26.3% the year before. Service revenue increased 4.2% Q-on-Q to Baht 2.3 billion.
TrueVisions:
2Q08 3Q08 4Q08 1Q09 2Q09 3Q09
----- ----- ----- ----- ----- -----
Subscribers 1,179 1,312 1,469 1,580 1,613 1,644
Net adds 68 133 157 111 33 31
More: Earnings Release
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