True Corporation has releases 1Q 2024 results
Friday, May 3rd, 2024![True Corp logo True Corp logo](https://www.digitaltvnews.net/wp-content/uploads/logos/trueth.png)
True Corporation PLC has released results for the first quarter of 2024.
Pay TV
At the end of Q1 2024, PayTV subscribers reached 1.3 million, declining 7.4% YoY and 2.3% QoQ. ARPU increased by 1.3% YoY and QoQ to THB 283 ($7.7).
PayTV service revenue for 1Q24 amounted to THB 1,757 million, increasing 5.5% YoY and 23.9% QoQ from higher music and entertainment revenue. Subscription and installation revenue, contributing to 65% of overall PayTV service revenue, decreased YoY and QoQ while subscribers marginally declined by 2.3%. ARPU increased by 1.3% compared to Q423.
Pay TV 1Q23 2Q23 3Q23 4Q23 1Q24 --------------------- ----- ----- ----- ----- ----- Customers ('000 subs) 1,447 1,415 1,401 1,371 1,339 ARPU (Baht/sub/month) 279 280 278 279 283
More: True Corp. Financials
Links: True Corp
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