DTAC Makes a Turnaround in 2019, Booking ฿5.4bn of Profit from Higher Revenue!

Total Access Communication Public Company Limited (DTAC) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

DTAC’s total revenues in FY19 amounted to THB 82,146 million, increased 9.1% YoY, due to higher core service revenues and TOT 2300 MHz network rental. Service revenues excluding IC decreased by 1.6% YoY to THB 62,109 million.

Cost of services excluding IC in FY19 amounted to THB 44,550 million, decreasing 1.4% YoY mainly driven by lower regulatory and amortization expenses of assets under concession, which were partly offset by higher amortization expenses of 1800 MHz and 900 MHz spectrum licenses, lease expenses of assets under concession to CAT, and costs related to partnership with TOT on 2300 MHz wireless business.

 

At the end of FY2019, total subscriber base stood at 20.6 million, declined 560k from the end of last year, due to the decline in prepaid segment from end of concession and remedy period as well as seasonal and rotational churn, which was partly offset by growth in postpaid segment. Prepaid subscriber base was 14.2 million, declined 917k from FY2018 but increasing 181k QoQ in Q419. Postpaid subscriber base increased by 357k to 6.4 million.

Average Revenue per User excluding IC (ARPU) for FY2019 was THB 254 per month, showed a growth of 5.0% YoY. At the end of FY2019, postpaid subscriber base accounted for approximately 31% of the total subscriber base. Postpaid ARPU for FY2019 was THB 549 per month, increased 3.1% YoY, while prepaid ARPU was THB 137 per month, dropped 4.1% YoY, driven by lower prepaid revenue.