The rating reflects DTAC’s market position as a major mobile phone service provider in Thailand, easing concerns over spectrum constraint after DTAC signed an agreement with TOT PLC on the 2.3 gigahertz (GHz) spectrum. The rating is partly enhanced by the support DTAC receives from Telenor ASA. Meanwhile, TRIS Rating affirms the company rating of DTACTriNet Co Ltd (DTN) and the ratings of DTN’s senior unsecured debentures at “AA+” with a “negative” outlook. The ratings reflect DTN’s strategic importance as a core subsidiary of Total, a leading mobile phone service provider in Thailand. The ratings take into consideration DTN’s market position as a leading mobile phone service provider and the growth prospects for data services.

Source: The Nation Bangkok May 04, 2018 12:00 UTC