DTAC sees profit boost despite subscription dropTotal Access Communications (DTAC) saw a large profit boost but subscriber losses as the third-largest mobile operator began to turn around its waning fortunes in the second quarter of 2019 after years of decline and stagnation. Net profit for the second quarter was 1.695 billion baht, an increase of 20.3% from the first quarter and 845.2% year-on-year. DTAC plans to spend between 13 billion and 15 billion baht on capital expenditure in 2019. "DTAC has been rebuilding trust and confidence in the DTAC network and started to see positive results in both network perception and network complaints in the second quarter of this year." Chief financial officer Dilip Pal said: "We had strong financials with quarter-on-quarter growth in service revenue excluding IC.

Source: Bangkok Post July 16, 2019 00:31 UTC