Total Access Communication (DTAC) has set aside Bt6b for capital expenditure this year, the same as last year, to maintain a high free cash flow for its investment in third-generation wireless broadband service. CEO Tore Johnsen yesterday said the amount was in line with forecasts there would be only 3m to 4m new mobile-phone subscribers this year in the market. DTAC is expected to add more than 30 per cent of them to its network.
Thai Stocks, Trade & Investment Research > Blog > Thai Industry News > Thai Telecommunication Industry News > Bt6b set aside for DTAC’s 2010 capital expenditures
Bt6b set aside for DTAC’s 2010 capital expenditures
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thai Consumer Confidence Drops to 11-Month Low Amid Political Uncertainty
ThaiVest Editorial TeamAugust 7, 2024
The University of the Thai Chamber of Commerce's (UTCC) consumer confidence index fell for the fifth consecutive month in July...
World Bank Downgrades Thailand’s 2024 GDP Growth Forecast to 2.4%
ThaiVest Editorial TeamJuly 5, 2024
Thailand's economic growth in 2024 is now projected at 2.4%, a decrease from the 2.8% estimated in April, according to...
Thailand Political Uncertainty Heightened by Court Cases, Stock Market Jittery
ThaiVest Editorial TeamJune 12, 2024
Thailand's political landscape is in turmoil as three significant court cases unfold, sending shockwaves through the stock market and amplifying...